Which of the Following Best Explains the Negative Slope of the Short-Run

question 160

Multiple Choice

Which of the following best explains the negative slope of the short-run Phillips curve?

• A)Weak growth in aggregate demand keeps the economy below potential GDP,so unemployment rises but inflation falls.
• B)Aggregate demand grows so quickly that the inflation rate rises as unemployment rises.
• C)Long-run aggregate supply increases quickly enough that inflation falls as unemployment also falls.
• D)Short-run aggregate supply increases at the same pace as aggregate demand increases so that inflation and unemployment do not change.

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Definitions:

Male Hypoactive Sexual Desire Disorder

A sexual dysfunction characterized by a persistent or recurrent deficiency or absence of sexual fantasies and desire for sexual activity in men.

Alcohol Use

The consumption of beverages containing ethyl alcohol, which can have both social and health impacts.

Anodyspareunia

Pain occurring during anal intercourse.

Sexual Dysfunction

A disorder characterized by a difficulty experienced during any phase of the sexual response cycle, preventing an individual from experiencing satisfaction from sexual activity.