The Phillips Curve Is Built on the Assumption That Business

question 211

Multiple Choice

The Phillips curve is built on the assumption that business fluctuations are

• A)from the demand side.
• B)from the supply side.
• C)from both the demand and supply side.
• D)purely random events.

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Definitions:

Teratogen

An agent or factor that causes malformation of an embryo or fetus, such as certain drugs, infections, or chemicals.

Genotype Susceptibility

The predisposition of individuals with certain genotypes to develop specific diseases or health conditions.

Dose Effect

The relationship between the dose of a drug or agent and its overall effect on the body, indicating how incremental doses increase or decrease the response.

Pregnant Women

Female individuals who are in the state of carrying a developing fetus within their uterus.