A Phillips Curve Shows

question 96

Multiple Choice

A Phillips curve shows

• A)the relationship between the rate of interest and planned investment.
• B)the relationship between the money supply and the price level.
• C)that an increase in government spending will decrease real national income.
• D)that an increase in inflation may be associated with a decrease in the rate of unemployment.

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Definitions:

Visual Receptors

Cells located in the retina of the eye that are sensitive to light and enable vision.

Color Vision

The ability of the visual system to distinguish objects based on the wavelengths of the light they reflect, emit, or transmit.

Cones

Photoreceptor cells in the retina of the eye that function best in relatively bright light and enable the perception of color.

Dim Light

A low level of illumination, often creating a subdued or intimate atmosphere.