According to the Equation for the Phillips Curve, If Wages

question 212

Multiple Choice

According to the equation for the Phillips curve, if wages rise by 2%, inflation

• A) must also rise by 2%.
• B) will be zero if productivity increases by 2%.
• C) will be zero if productivity increases by more than 2%.
• D) will be zero if productivity falls by 2%.

---

Definitions:

Hostile Behaviors

Actions or attitudes that express anger, aggression, or resentment towards others.

Imitated

Copied or reproduced someone's behavior, action, or expression, often to learn or fit in.

Adolescents

People undergoing the phase of both physical and mental growth that typically happens from puberty until reaching the age of legal maturity.

Observational Learning

The process of acquiring new behaviors or knowledge by watching and imitating others, also known as social learning.