Suppose an Economy Experiences a Permanent Increase in Its Natural

question 39

Multiple Choice

Suppose an economy experiences a permanent increase in its natural unemployment rate.This change leads to

• A) an upward movement along the short-run Phillips curve.
• B) a downward movement along the short-run Phillips curve.
• C) a rightward shift of the short-run Phillips curve.
• D) a leftward shift of the short-run Phillips curve.
• E) no change in the short-run Phillips curve.

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Definitions:

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An extinct species of the genus Homo, known from fossils dating from 600,000 to about 200,000 years ago and considered a possible ancestor to both Neanderthals and modern humans.

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Advanced and often cooperative methods of predation that involve complex strategies, techniques, and sometimes tools, to capture or kill prey.

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Animal remains that show evidence of having been cut, chopped, or broken by humans, typically for consumption or tool use.

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The form or morphology of the brain, which can influence cognitive abilities and behavior in various organisms.