The Canadian Long-Run Phillips Curve ________ When the Expected Inflation

question 21

Multiple Choice

The Canadian long-run Phillips curve ________ when the expected inflation rate rises and ________ when the expected inflation rate falls. The Canadian long-run Phillips curve ________ when the natural unemployment rate increases and ________ when the natural unemployment rate decreases.

• A)does not shift; does not shift; does not shift; does not shift
• B)does not shift; does not shift; shifts rightward; shifts leftward
• C)shifts upward; shifts downward; shifts rightward; shifts leftward
• D)shifts rightward; shifts leftward; does not shift; does not shift
• E)shifts rightward; shifts leftward; shifts rightward; shifts leftward

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Definitions:

Waist Circumference

A measurement around the smallest area of the waist, used as an indicator of abdominal fat and an assessment of health risk.

Blood Pressure

The force exerted by circulating blood upon the walls of blood vessels.

Energy Balance

The relationship between energy intake through food and drink and energy expenditure through basal metabolism and physical activity, crucial for maintaining a healthy body weight.

Blood Glucose

The concentration of sugar in the bloodstream, which is critical for energy production in the body and is regulated by hormones like insulin.