Which of the Factors Below Contributed to the Collapse of the Phillips

question 137

Multiple Choice

Which of the factors below contributed to the collapse of the Phillips curve in the 1970s?

• A)Economic research proved there was no relationship between inflation and unemployment rates.
• B)The U.S.government was running triple-digit deficits in the 1970s, compounding the normal shifts in aggregate demand.
• C)The 1970s were full of adverse supply shocks such as the oil price increases of 1973-1974.
• D)The aggregate demand curve shifted to the left at the end of the Vietnam War.

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Definitions:

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A measure of the volume of urine excreted by the kidneys over a given period of time, used as an indicator of kidney function and hydration status.

Foley Catheter

A flexible tube inserted into the bladder to drain urine, commonly used in medical care for patients who cannot void urine naturally.

Head-To-Toe

A comprehensive assessment technique in the medical field, involving a start at the head and progressing down the body to the toes.

Brief Assessment

A quick evaluation or appraisal of a condition or situation, often used to identify needs or problems.