The Short-Run Phillips Curve Will Shift If There Is

question 170

Multiple Choice

The short-run Phillips curve will shift if there is

• A)an increase in the unemployment rate.
• B)an increase in inflation that is unanticipated.
• C)a decrease in inflation that is unanticipated.
• D)a change in inflation expectations.

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Definitions:

Recidivism

The act of relapsing into criminal behavior or offending, often measured by re-arrests, reconvictions, or returns to prison.

Situational Factors

External circumstances or events that influence an individual's behavior, decision-making, or performance in a given context.

Criminal Activity

Acts that violate laws and are punishable by sanctions imposed by the legal system.

Generic Prejudice

Broad, nonspecific bias against people, groups, or ideas without reasonable justification or specific experiences leading to such attitudes.