(Figure: Understanding Phillips Curves Shifts 2) What Would Cause an Outward

question 6

Multiple Choice

(Figure: Understanding Phillips Curves Shifts 2) What would cause an outward shift from Phillips curve PC₁ to Phillips curve PC₀?

• A) a decrease in the expected inflation rate
• B) an increase in the expected inflation rate
• C) a decrease in the natural rate of unemployment
• D) an increase in the natural rate of unemployment

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Definitions:

Polyamory

The belief in, practice of, or willingness to engage in consensual nonmonogamy, typically in long-term and/or loving relationships.

Multiple Loves

The practice or ability of having romantic love towards more than one person simultaneously.

Extradyadic

Pertaining to actions or activities that occur outside of a committed relationship, often used in the context of infidelity.

Unrequited Love

Love that is one-sided or not openly reciprocated or understood.