An Increase in Expected Inflation

question 24

Multiple Choice

An increase in expected inflation:

• A)shifts the short-run Phillips curve to the left
• B)increases the unemployment rate along the Phillips curve
• C)decreases the unemployment rate along the Phillips curve
• D)shifts the short-run Phillips curve to the right

---

Definitions:

Surface Fire

A type of wildfire that burns along the floor of a forest, affecting surface vegetation and litter.

Mature Trees

Trees that have reached their full size and have usually stopped growing in height, playing a significant role in their ecosystem.

Vegetation

Vegetation consists of all the plants and trees in an area, providing essential functions for ecosystems, such as oxygen production, carbon sequestration, and habitat for wildlife.

Canada's Forests

Vast and diverse forested areas in Canada, including boreal forests and temperate rainforests, which play a critical role in the country's biodiversity, economy, and cultural heritage.