If the Short-Run Phillips Curve Were Stable, What Would Be

question 133

Multiple Choice

If the short-run Phillips curve were stable, what would be unusual?

• A) an increase in government spending and a fall in unemployment
• B) an increase in inflation and a decrease in output
• C) a decrease in the inflation rate and a rise in the unemployment rate
• D) a decrease in output and an increase in unemployment

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Definitions:

O,p-director

Substituents in aromatic chemistry that direct incoming substituents to the ortho and para positions on a benzene ring.

Electrophilic Iodination

A chemical reaction involving the addition of an iodine atom to a substrate, typically facilitated by an electrophile.

Major Organic Product

Refers to the main product obtained in the highest yield from an organic reaction, distinguished from any side products or minor products.

Electrophilic Chlorination

A chemical reaction where a chlorine atom, acting as an electrophile, is added to another molecule, often involving aromatic compounds or alkanes.