What Would Shift the Long-Run Phillips Curve to the Right

question 158

Multiple Choice

What would shift the long-run Phillips curve to the right?

• A) an increase in the money supply
• B) an increase in the tax rate
• C) increases in unemployment compensation
• D) a decrease in the unemployment rate

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Definitions:

Stereochemical

Stereochemical pertains to the study and description of the spatial arrangements of atoms within molecules and the impact of these arrangements on the properties and reactions of the molecules.

Regio-

A prefix used in chemistry to describe directionality or specific regions in molecules, particularly important in reactions with more than one possible outcome.

Major Organic

Refers to the primary organic (carbon-containing) compound or product resulting from a chemical reaction.

Alkene

A hydrocarbon containing at least one carbon-carbon double bond, part of the unsaturated hydrocarbon family.