If the Unemployment Rate Rises and the Inflation Rate Falls

question 4

Multiple Choice

If the unemployment rate rises and the inflation rate falls, while the natural unemployment rate and the expected inflation rate remain constant, then we are studying a movement along the

• A)aggregate demand curve.
• B)long-run aggregate supply curve.
• C)Friedman curve.
• D)short-run Phillips curve.
• E)Phelps-Friedman curve.

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Definitions:

Exon

Segment of mRNA containing the protein-coding portion of a gene that remains within the mRNA after splicing has occurred.

Adenine

One of the four nucleobase molecules in DNA and RNA, which pairs with thymine in DNA or uracil in RNA and is a fundamental component of genetic coding.

Thymine

A nitrogenous base found in DNA, pairing with adenine through hydrogen bonds.

Guanine

A nucleobase found in DNA and RNA, which pairs with cytosine.