Short-Run Movements Along the Phillips Curve

question 126

Multiple Choice

Short-run movements along the Phillips curve

• A) remind us of the dangers of confusing various types of unemployment
• B) may determine long-run shifts of the same curve
• C) are usually brief and dramatic
• D) respond to different assumptions about consumer confidence
• E) lead to long-run movements along the same curve

---

Definitions:

Smile

A facial expression typically signaling happiness or pleasure, involving the upward curving of the corners of the mouth.

Primary Motor Area

The primary motor area is a region of the brain's frontal lobe responsible for the initiation of voluntary movement.

Cerebral Cortex

The outer layer of the cerebrum in the brain, involved in various high-level brain functions such as sensation, voluntary muscle movement, thought, reasoning, and memory.

Voluntarily Move

The action of moving muscles at will, involving conscious control, primarily managed by the nervous system.