The Axis Around Which Earth

question 40

Multiple Choice

The axis around which Earth

• A) rotates always points toward Polaris, the North Star.
• B) precesses (wobbles) takes about a century to go around once.
• C) precesses takes many thousands of years to go around once.
• D) rotates always tilts slightly toward the direction of the Sun.

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Definitions:

Short-Run Phillips Curve

A curve that illustrates a short-term trade-off between inflation and unemployment, suggesting lower unemployment can come at the cost of higher inflation.

Financial Crisis

A broad term for a situation when financial assets rapidly lose a significant part of their nominal value.

Contractionary Monetary Policy

A central banking strategy involving the increase of interest rates or reduction of the money supply to decrease inflation and slow down economic growth.

Short-Run Phillips Curve

A curve illustrating an inverse relationship between the rate of inflation and the rate of unemployment in the short term.