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

---

Definitions:

Positive Reinforcement

Increasing behaviors by presenting positive reinforcers. A positive reinforcer is any stimulus that, when presented after a response, strengthens the response.

Discriminative Stimulus

A stimulus in the environment that increases the likelihood of a particular response being emitted due to its association with a reinforcement.

Operant Response

Is a behavior or action that is a consequence of the operant conditioning process, wherein behaviors are modified through reinforcement or punishment.

Reinforced

In psychology, refers to the process of strengthening a behavior by providing a reward or removing an adverse stimulus after the behavior occurs.