The Canadian Long-Run Phillips Curve ________ When the Expected Inflation

question 21

Multiple Choice

The Canadian long-run Phillips curve ________ when the expected inflation rate rises and ________ when the expected inflation rate falls. The Canadian long-run Phillips curve ________ when the natural unemployment rate increases and ________ when the natural unemployment rate decreases.

• A)does not shift; does not shift; does not shift; does not shift
• B)does not shift; does not shift; shifts rightward; shifts leftward
• C)shifts upward; shifts downward; shifts rightward; shifts leftward
• D)shifts rightward; shifts leftward; does not shift; does not shift
• E)shifts rightward; shifts leftward; shifts rightward; shifts leftward

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Definitions:

Remote Control

A device or system used to operate machinery, appliances, or systems from a distance without physical connections.

Manual Motor Starters

Devices used to manually turn on or off electric motors, providing safety by isolating electrical power.

Power Circuit

The part of an electrical system that distributes power to various components or devices, capable of handling high currents.

Contactor Unit

An electrical device designed to switch an electrical power circuit on or off, typically used for controlling large loads in industrial applications.