Which of the Following Would We Not Expect If Government

question 172

Multiple Choice

Which of the following would we not expect if government policy moved the economy up along a given short-run Phillips curve?

• A)Louise reads in the newspaper that the central bank recently raised the money supply.
• B)Eric gets fewer job offers
• C)Jack makes larger increases in the prices at his health food store.
• D)Maria's nominal wage increase is larger.

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Definitions:

Janitorial Duties

Tasks involved in the cleaning and maintenance of buildings and grounds, such as sweeping, mopping, trash removal, and minor repairs.

Gender Gap in Earnings

The disparity between women's and men's earnings, often measured as the ratio of women's to men's median annual earnings among full-time, year-round workers.

Decreased

signifies a reduction in size, quantity, quality, or intensity of a particular entity or phenomenon.

Canadian

Relating to Canada, its inhabitants, their culture, or distinctive qualities.