Which of the Following Leads to an Rightward Shift in the Short-

question 421

Multiple Choice

Which of the following leads to an rightward shift in the short- run Phillips curve?
I. a reduction in inflationary expectations
II. an increase in the natural unemployment rate

• A) I only
• B) II only
• C) I and II
• D) neither I nor II

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Definitions:

Centration

A cognitive limitation in early childhood thinking, where a child focuses on one aspect of a situation, neglecting other important features.

Piaget

A Swiss psychologist known for his pioneering work on the development of children's cognitive abilities through stages.

Reflexes

Automatic, involuntary responses to specific stimuli that do not require conscious thought.

Birth

The process of coming into life or entering the world, typically involving a transition from the womb to an independent existence outside.