Which of the Following Represents the Expectations-Augmented Phillips Curve

question 23

Multiple Choice

Which of the following represents the expectations-augmented Phillips curve?

• A)Anticipated inflation rate is proportional to the cyclical unemployment rate.
• B)Unanticipated inflation rate is proportional to the cyclical unemployment rate.
• C)Unanticipated inflation rate is proportional to unemployment rate.
• D)Anticipated inflation rate is proportional to unemployment rate.

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Definitions:

Frontal Belly

Part of the occipitofrontalis muscle which moves the scalp, eyebrows, and forehead skin.

Epicranius

A muscle of the scalp that raises the eyebrows and wrinkles the forehead horizontally.

Platysma

A superficial muscle in the neck that plays a role in facial expression.

Risorius

A muscle of facial expression, drawing the corner of the mouth laterally, thus creating expressions like grinning.