The Figure Above Shows Some Phillips Curves for an Economy

question 54

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 SRPC2 and the long-run Phillips curve LRPC2 is the result of ________ in the expected inflation rate and ________ in the natural unemployment rate.

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

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Definitions:

Carpal Tunnel Syndrome

A condition caused by compression of the median nerve within the carpal tunnel of the wrist, leading to pain, tingling, and numbness in the hand.

Median Nerve

A major nerve of the upper limb in humans, running down the arm and the forearm and into the hand, it is responsible for sensations and movements in parts of the hand.

Sensory Neurons

Nerve cells that are responsible for converting external stimuli from the organism's environment into internal electrical impulses.

Endorphins

Natural chemicals in the body that interact with opiate receptors to reduce perceptions of pain and can induce feelings of euphoria and well-being.