-Consider Figure 12.9,which Shows Short-Run Output Fluctuations

question 29

Multiple Choice

-Consider Figure 12.9,which shows short-run output fluctuations
From 1990.1 to 2000.4,by quarter.If this is all the information you have,during the period 1997.1-1999.4,from the Phillips curve,you would conclude that:

• A)inflation is accelerating, .
• B)inflation is decelerating, .
• C)unemployment is falling.
• D)unemployment is rising.
• E)Not enough information is given.

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Definitions:

Physiological Cues

Bodily signals that indicate to an individual how they are feeling physically or emotionally, often in response to internal or external factors.

Evolutionary Theories

Frameworks that explain various aspects of biological and sociocultural phenomena based on principles of evolution and natural selection.

Innate Reactions

Automatic, natural responses to stimuli that organisms are born with, which do not require learning.

Certain Stimuli

Specific environmental or internal triggers that evoke a physiological or psychological response.