Use the Following to Answer Questions

question 19

Multiple Choice

Use the following to answer questions :
Suppose that Earth's tilt suddenly shifted,such that it was still tilted in the same direction but at a 26° angle instead of a 23° angle.
-Such a change in Earth's tilt would most likely lead to

• A) greater seasonality.
• B) less seasonality.
• C) a change in the time of the equinoxes.
• D) a change in the direction of Earth's rotation.
• E) a longer year.

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Definitions:

Phillips Curve

An economic theory that suggests an inverse relationship between rates of unemployment and corresponding rates of inflation.

Money Supply

Refers to the total amount of money available in an economy at a specific time, including cash, coins, and balances held in checking and savings accounts.

Money Supply Growth

The rate at which the amount of money available in an economy increases over a specific period of time.

Inflation

The rate at which the general level of prices for goods and services is rising, eroding purchasing power over time.