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Use the Table Below to Answer the Following Questions

question 67

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Use the table below to answer the following questions.
Table 28.4.2
Use the table below to answer the following questions. Table 28.4.2    -The economy's natural unemployment rate is 4 percent. Table 28.4.2 gives some points on the economy's short-run Phillips curve. When the unemployment rate is 4 percent, A) actual inflation is greater than expected inflation. B) actual inflation is less than expected inflation. C) and the inflation rate is 6 percent a year, the short-run and long-run Phillips curves intersect. D) and the expected inflation rate is 8 percent a year, the short-run Phillips curve shifts downward. E) aggregate demand increases.
-The economy's natural unemployment rate is 4 percent. Table 28.4.2 gives some points on the economy's short-run Phillips curve. When the unemployment rate is 4 percent,


Definitions:

Sucking Reflex

A newborn’s built-in reaction of automatically sucking an object placed in its mouth. The sucking reflex enables the infant to get nourishment before it has associated a nipple with food.

Tonic Neck

A reflex in infants where turning the head to one side results in the arm on that side stretching out and the opposite arm bending at the elbow.

Rooting Reflex

An automatic response seen in newborns, where they turn their head toward anything that strokes their cheek or mouth.

Moro Reflex

An involuntary reflex found in newborns, characterized by the baby spreading its arms, then unspreading them and crying, usually triggered by a loud sound or sudden movement.

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