According to the Short Run Phillips Curve Model,if the Inflation

question 29

Multiple Choice

According to the short run Phillips Curve model,if the inflation rate is above the rate anticipated by the general public,then

• A) the unemployment rate will be equal to the non-inflation-accelerating rate of unemployment (NIARU)
• B) the unemployment rate will be at the natural rate
• C) the unemployment rate will probably be exceptionally low
• D) there will most likely be substantial cyclical unemployment in the economy
• E) an adverse aggregate supply shock has created both inflation and unemployment

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Definitions:

Network

A series of stations or devices connected by some type of communications medium.

Repeater

A device in telecommunications that receives a signal and retransmits it at a higher level or higher power, or onto the other side of an obstruction, so that the signal can cover longer distances without degradation.

Device Bus Networks

Systems of communication protocols and pathways that allow for data and control signal exchange among various devices and components in a computer or automation system.

Pushbuttons

Manual control devices that, when pressed, can complete or break an electrical circuit to initiate some action or process.