A Movement to the Right Along a Given Short-Run Phillips

question 134

Multiple Choice

A movement to the right along a given short-run Phillips curve could be caused by

• A)an increase in the natural rate of unemployment or expansionary monetary policy.
• B)expansionary monetary policy,but not an increase in the natural rate of unemployment.
• C)an increase in the natural rate of unemployment or a contractionary monetary policy.
• D)contractionary monetary policy,but not an increase in the natural rate of unemployment.

---

Definitions:

Character

In finance, character often refers to the creditworthiness of a borrower, indicating their reputation or track record for repaying debts.

Credit Obligations

The responsibility to repay borrowed money or debts incurred, which can include loans, bonds, or lines of credit.

NPV Investment

An analysis method used to determine the present value of an investment's expected future cash flows minus the initial investment cost.

Credit Policy

The guidelines a company follows to determine how much credit to extend to customers.