Statistical Data for the 1970s and 1980s Suggest That

question 93

Multiple Choice

Statistical data for the 1970s and 1980s suggest that

• A) the Phillips Curve was stable.
• B) the Phillips Curve was unstable.
• C) low levels of unemployment were consistently associated with high rates of inflation.
• D) the inflation rate was highly stable.

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Definitions:

Militia Service

Participation in a military force that is not part of the regular army and is often reserved for emergencies or defending the home territory.

1656

A historical year with various global events, not associated with a specific widely recognized definition without context.

Crispus Attucks

The first person killed in the Boston Massacre, widely regarded as the first American casualty in the struggle for independence from Great Britain.

Boston Massacre

An incident on March 5, 1770, in which British soldiers killed five civilian men in Boston, contributing to the American colonies' unrest leading to the American Revolution.