The Automatic Adjustment Mechanism That Makes the Economy Move Toward

question 90

Multiple Choice

The automatic adjustment mechanism that makes the economy move toward the long-run Phillips Curve is

• A)expansionary fiscal or monetary policy.
• B)inflation expectations and wage adjustments.
• C)contractionary fiscal or monetary policy.
• D)increases in productivity over time.

---

Definitions:

Bullet Lists

An arrangement of items, facts, or statements present in a sequence and introduced by bullets.

Headings

Titles or captions used to introduce sections of text, guiding readers through the structure of a document or presentation.

Techniques Employed

Methods or strategies applied in carrying out a task or solving a problem.

Idea Emphasis

The practice of highlighting or prioritizing certain concepts, principles, or theories over others within a discussion, presentation, or piece of writing.