Which of the Following Is NOT a Shift Factor for the Phillips

question 12

Multiple Choice

Which of the following is NOT a shift factor for the Phillips curve?

• A)a change in the natural rate of unemployment
• B)a change in the expected inflation rate
• C)a change in GDP
• D)an adverse supply shock

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Definitions:

Reflex Arcs

The neural pathway that mediates a reflex action, involving receptors, sensory neurons, sometimes an interneuron, motor neurons, and effectors.

Interneuron

A type of neuron that serves as a connection between sensory neurons and motor neurons, facilitating communication within the central nervous system.

Standard Deviation

A statistical measure that quantifies the variation or dispersion of a set of data points around their mean average.

Fixed-Interval

In the context of psychological reinforcement, it refers to a schedule where rewards are given after a fixed time period has elapsed, assuming a correct response is made.