The Short-Run Phillips Curve Shows

question 21

Multiple Choice

The short-run Phillips curve shows:

• A) a direct relationship between unemployment and inflation.
• B) an inverse relationship between unemployment and inflation.
• C) consequences of the misperceptions theory.
• D) the optimal level of employment.

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Definitions:

Same-sex Parent

A parent who identifies as having a homosexual orientation, raising children in a family structure with another parent of the same sex.

Gender Awareness

The understanding and acknowledgment of the differences in gender and the social roles associated with them.

Gender Constancy

Awareness that one will always be male or female; also called sex-category constancy.

Penis Envy

A psychoanalytic term coined by Sigmund Freud, referring to a supposed complex present in females as a result of their lack of a penis.