In the Early 1970s, the Short-Run Phillips Curve Shifted

question 221

Multiple Choice

In the early 1970s, the short-run Phillips curve shifted

• A)right as inflation expectations rose.
• B)right as inflation expectations fell.
• C)left as inflation expectations rose.
• D)left as inflation expectations fell.

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Definitions:

Carbon Pile

A high-current dynamic battery testing instrument. A high-current path is established through a stack of clamped carbon plates and voltage measured during a timed test run. See Load Test.

Load Test

A common battery capacity test performed by connecting a carbon pile load tester across the battery or battery bank terminals. Also known as a capacity test.

Dirty Commutator

A condition where the commutator of an electric motor or generator has become contaminated with debris or carbon build-up, leading to poor electrical contact and performance issues.

General Purpose Emery Cloth

An abrasive cloth used for manual metalworking processes, such as smoothing or cleaning metal surfaces.