Higher Than Expected Inflation Rate:​

question 113

Multiple Choice

Higher than expected inflation rate:​

• A)​shifts short-run Phillips curve to the right.
• B)​shifts long-run Phillips curve to the right.
• C)​shifts both short-run and long-run Phillips curve to the right.
• D)​shifts short-run Phillips curve to the left.

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Definitions:

Disruptive Selection

A type of natural selection that favors extreme values of a trait over intermediate values, leading to two or more contrasting phenotypes in the population.

Stabilizing Selection

Mode of natural selection in which an intermediate form of a trait is adaptive, and extreme forms are selected against.

Prenatal Care

Medical and healthcare provided to a pregnant woman before delivery, aiming to ensure the health of both the mother and the developing fetus.