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Figure 132 Alt Text for Figure 13

question 137

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Figure 13.2 Figure 13.2   Alt text for Figure 13.2: In figure 13.2, a graph shows the short-run and long-run Phillips curves. Long description for Figure 13.2: The x-axis is labelled, unemployment rate (percent) .The y-axis is labelled, inflation rate (percent per year) .3 points; A (5, 3) , B (3.8%, 5.5%) , C (6, 1) are plotted on the graph.The points are connected to their respective coordinates on the x and y-axes with dotted lines.A straight line labelled, short-run Philips Curve, begins at the top left corner and slopes down to the bottom center, and passes through points A, B, and C.A straight line labelled, long-run Philips Curve, is perpendicular to the x-axis, begins from the x-axis value 5,and intersects the Short-run Philips Curve at point A. -Refer to Figure 13.2.Suppose the economy is at point B.If the Bank of Canada increases the money supply so that inflation increases, the economy will ________ in the short run, holding all else constant. A) eventually move to point A B) stay at point B C) eventually move to point C D) move to point A and then back to point B Alt text for Figure 13.2: In figure 13.2, a graph shows the short-run and long-run Phillips curves.
Long description for Figure 13.2: The x-axis is labelled, unemployment rate (percent) .The y-axis is labelled, inflation rate (percent per year) .3 points; A (5, 3) , B (3.8%, 5.5%) , C (6, 1) are plotted on the graph.The points are connected to their respective coordinates on the x and y-axes with dotted lines.A straight line labelled, short-run Philips Curve, begins at the top left corner and slopes down to the bottom center, and passes through points A, B, and C.A straight line labelled, long-run Philips Curve, is perpendicular to the x-axis, begins from the x-axis value 5,and intersects the Short-run Philips Curve at point A.
-Refer to Figure 13.2.Suppose the economy is at point B.If the Bank of Canada increases the money supply so that inflation increases, the economy will ________ in the short run, holding all else constant.

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Definitions:

Medulla Oblongata

A portion of the brainstem responsible for autonomic functions such as breathing, heart rate, and blood pressure control.

Midbrain

A part of the brainstem involved in functions such as vision, hearing, motor control, sleep/wake, arousal (alertness), and temperature regulation.

Diencephalon

A part of the brain containing elements including the thalamus and hypothalamus, responsible for sensory processes and involuntary bodily operations.

Flocculonodular Lobe

The flocculonodular lobe is a region of the cerebellum involved in balance and eye movements.

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