An Increase in Expected Inflation Shifts the

question 6

Multiple Choice

An increase in expected inflation shifts the

• A)short-run Phillips curve right.
• B)short-run Phillips curve left.
• C)long-run Phillips curve right.
• D)long-run Phillips curve left.

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Definitions:

Cognitive-Behavioural Therapy

A form of psychotherapy that treats problems and boosts happiness by modifying dysfunctional emotions, behaviors, and thoughts.

Clinical Diagnosis

The process of identifying a disease or condition by evaluating patient history, physical examination, and sometimes diagnostic tests.

SAD

Seasonal Affective Disorder, a type of depression that occurs at the same time every year, usually in winter.