Which of the Following Statements Is True

question 49

Multiple Choice

Which of the following statements is true ?

• A) The Phillips curve has always been stable.
• B) If the Phillips curve shifts outward to the right this illustrates a greater tradeoff between unemployment and inflation.
• C) Keynesian economics assumes a vertical Phillips curve.
• D) According to the natural rate hypothesis the Phillips curve is downward sloping.

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Definitions:

Informal Leadership

Leadership exerted by a person not officially designated as a leader but recognized as such by the group.

Overcoming Ambivalence

The act of resolving mixed feelings or conflicting attitudes towards a particular decision or action.

Involuntary Clients

Individuals who are required to seek services or participate in programs due to legal, institutional, or other external mandates, rather than by personal choice.

Treatment Groups

Treatment groups are gatherings of individuals who receive therapeutic interventions and support as a collective, often used in psychological or medical contexts.