According to the Phillips Curve, Other Things Being Equal, Inflation

question 70

Multiple Choice

According to the Phillips curve, other things being equal, inflation depends positively on:

• A)expected inflation.
• B)the unemployment rate.
• C)the rate of technological change.
• D)the quantities of capital and labour.

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Definitions:

Rvalue

Rvalue refers to an expression that does not have a memory address and is typically on the right side of an assignment operation.

Assignment Operator

A symbol or set of symbols used in programming languages to assign a value to a variable.

Implicit Type Conversion

The automatic conversion of a value from one data type to another by the compiler when such conversion is necessary.

Assignment Operator

An operator used in programming to assign a value to a variable.