The Original (1958)Phillips Curve

question 3

Multiple Choice

The original (1958) Phillips curve

• A) showed that stagflation is inevitable.
• B) showed the tradeoff between the use of monetary and fiscal policy.
• C) has never been used as an important economic policy tool.
• D) suggested a tradeoff between wage inflation and the unemployment rate.
• E) none of the above

---

Definitions:

Negative Symptoms

In the context of psychiatric disorders, particularly schizophrenia, symptoms characterized by deficits or decreases in normal emotional and behavioral functions, such as lack of emotion or motivation.

Schizophrenia

A chronic and severe mental disorder that affects how a person thinks, feels, and behaves, often involving delusions, hallucinations, and disordered thinking.

Catatonia

A neuropsychiatric behavioral syndrome characterized by abnormal movements and behaviors, often including mutism, rigidity, and stupor.

Positive Symptoms

Symptoms of mental disorders that include excess or distortion of normal functions, such as hallucinations or delusions.