The Phillips Curve Suggests That a Positive Relationship Exists Between

question 87

True/False

The Phillips curve suggests that a positive relationship exists between the rate of inflation and the rate of unemployment.

---

Definitions:

Kohlberg

A theorist known for his work on moral development, particularly the stages of moral reasoning.

Preconventional

The first level of Kohlberg's stages of moral development, where an individual's moral reasoning is based primarily on the consequences of actions and compliance with rules to avoid punishment or gain rewards.

Moral Development

The process through which individuals develop proper attitudes and behaviors toward other people in society, based on social and cultural norms, rules, and laws.

Postconventional Level

A stage of moral development in which individuals' moral reasoning is based on internal principles, and societal rules are questioned rather than followed blindly.