Figure 28-2 -An Increase in Expected Inflation Will

question 54

Multiple Choice

Figure 28-2

-An increase in expected inflation will

• A) increase real wages.
• B) decrease the natural rate of unemployment.
• C) shift the long-run Phillips curve to the right.
• D) None of the above are correct.

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Definitions:

Diphtheria

A bacterial infection causing a thick covering in the back of the throat, leading to difficulty breathing, heart failure, paralysis, and sometimes death.

Respiratory Obstruction

A blockage of the airway which impedes the flow of air into the lungs, potentially causing breathing difficulties.

Pathogenic Spores

Microscopic biological particles that can cause disease when they enter a host organism.

Tetanus

A disease caused by Clostridium tetani living in the soil and water; more commonly called lockjaw.