Deregulation Will Cause the Phillips Curve to Shift to the Right

question 93

True/False

Deregulation will cause the Phillips curve to shift to the right.
Deregulation will cause the Phillips curve to shift to the left because the AS curve shifts to the right in response to this supply-side policy.

---

Definitions:

Customer Benefit

The value or advantage that a customer receives from using a product or service, often leading to their satisfaction and loyalty.

SPIN

is a sales technique model that stands for Situation, Problem, Implication, and Need-payoff, guiding salespersons to ask questions leading to a sale.

Shock Approach

A technique used in sales and marketing to grab attention by surprising or startling the potential customer.

Curiosity

A strong desire to know or learn something, often driving exploration and innovation.