The Figure Above Shows Some Phillips Curves for an Economy

question 36

Multiple Choice

The figure above shows some Phillips curves for an economy.
-In the figure above,the shift from the short-run Phillips curve SRPC₀ and the long-run Phillips curve LRPC0 to the short-run Phillips curve SRPC₁
And the long-run Phillips curve LRPC1 is the result of ________ in the expected inflation rate and ________ in the natural unemployment rate.

• A)an increase;an increase
• B)no change;an increase
• C)a decrease;a decrease
• D)an increase;no change
• E)a decrease;no change

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Definitions:

Debt Ratio

A financial ratio that measures the extent of a company's leverage, calculated as the company's total liabilities divided by its total assets.

Real Estate Investment Trusts

Companies that own, operate, or finance income-generating real estate, offering investors a way to invest in real estate through the purchase of publicly traded shares.

Portfolio Turnover

This term refers to the frequency at which assets within a portfolio are bought and sold by the manager, indicating trading activity level and potential costs.

Tax Liability

The total amount of tax that an individual or corporation is legally obligated to pay to an authority as the result of the occurrence of a taxable event.