Current Thinking on the Phillips Curve Suggests That It Would

question 83

Multiple Choice

Current thinking on the Phillips curve suggests that it would be best for policy makers to:

• A)focus on controlling unemployment.
• B)stimulate permanent shifts in aggregate supply.
• C)focus on controlling inflation.
• D)stimulate permanent shifts in aggregate demand.
• E)develop a two-pronged policy to control both unemployment and inflation.

---

Definitions:

School Refusal

A psychological disorder where a child consistently refuses to attend school, often due to emotional distress or anxiety.

Characterizes

Describes the distinctive traits or qualities that define an individual, group, or thing.

One-Child Policy

was a population control policy of China, implemented from 1979 to 2015, restricting urban couples to having only one child.

People's Republic of China

The official name of China, a sovereign state in East Asia governed by the Communist Party of China, with Beijing as its capital.