The Long-Run Phillips Curve

question 28

Multiple Choice

The long-run Phillips curve:

• A) is downward sloping.
• B) is upward sloping.
• C) shows there is no tradeoff between unemployment and inflation.
• D) is horizontal at the natural rate of inflation.

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Definitions:

Follicles

Structures within the ovaries that contain a developing egg and produce hormones, or small sacs in the skin from which hair grows.

FSH

Follicle-stimulating hormone, a gonadotropic hormone secreted by the anterior pituitary gland responsible for maturation of ovarian follicles and sperm production.

Progesterone

A female sex hormone critical for the regulation of ovulation and menstruation as well as supporting pregnancy.

Sexual Drive

The biologically driven force that motivates individuals to seek out and engage in sexual activities.