The Original (1958)Phillips Curve Differed from the Samuelson-Solow Phillips Curve

question 108

Multiple Choice

The original (1958) Phillips curve differed from the Samuelson-Solow Phillips curve in that

• A) the former was based on American data,while the latter was based on British data.
• B) the former measured price inflation rates,while the latter used wage inflation rates.
• C) the former was based on British data,while the latter was based on American data.
• D) the former measured nominal GDP,while the latter used Real GDP.
• E) a and b

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Definitions:

Overregularization

A linguistic process in child language development where children apply general grammatical rules too broadly, often leading to grammatical errors.

Underextension

A cognitive error in language acquisition where a child applies a word too narrowly, limiting its use to a single object rather than to all objects of the same category.

Items of Clothing

Articles or pieces of material worn on the body to protect or adorn.

Receptive Vocabularies

The set of words a person understands when heard or read, as opposed to expressive vocabulary, which consists of words a person uses in speech or writing.