Milton Friedman Argued That There Is a

question 44

Multiple Choice

Milton Friedman argued that there is a

• A) permanent downward-sloping Phillips curve.
• B) temporary downward-sloping Phillips curve.
• C) temporary upward-sloping Phillips curve.
• D) permanent upward-sloping Phillips curve.

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Definitions:

Semantic Relationship

A connection between words in language based on the similarity of their meanings.

Whorfian Hypothesis

The proposal that the language one speaks determines or heavily influences the thoughts one can think or the saliency of different categories of thought.

External Environment

Refers to all outside factors and influences that impact the operation and performance of an entity, organization, or system.

Backwards Speech

Backwards Speech is the process of speaking words in reverse order or producing sounds as if a recording of normal speech were being played backward.