According to the Expectations-Augmented Phillips Curve

question 87

Multiple Choice

According to the expectations-augmented Phillips curve,

• A)If inflation rate is zero,unemployment rate will be zero.
• B)If unanticipated inflation rate is zero,unemployment rate will be zero.
• C)If unanticipated inflation rate is zero,cyclical unemployment rate will be zero
• D)If unanticipated inflation rate is zero,cyclical unemployment rate will be negative.

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Definitions:

Dehydration Synthesis

A chemical reaction that binds molecules together with the loss of a water molecule.

Hydrogen Bond

A weak bond between two molecules resulting from an electrostatic attraction between a proton in one molecule and an electronegative atom in the other.

Polar Covalent

A type of chemical bond where two atoms share a pair of electrons unequally, resulting in a molecule with electrically charged poles.

Alkaline

Having a pH greater than 7, which is opposite of acidic, and is characterized by the presence of a higher concentration of OH- ions than H+ ions in a solution.