In the Long Run,if There Is an Increase in the Money

question 141

Multiple Choice

In the long run,if there is an increase in the money supply growth rate,which of the following curves shifts right?

• A)the short-run and the long run Phillips curves
• B)the short-run but not the long run Phillips curve
• C)the long-run but not the short-run Phillips curve
• D)neither the short-run nor the long-run Phillips curves

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Definitions:

Gymnosperms

A group of seed-producing plants that includes conifers, cycads, Ginkgo, and gnetophytes, characterized by seeds not enclosed in an ovary.

Diploid

Referring to cells or organisms having two sets of chromosomes, one set inherited from each parent.

Sporophyte Generation

The diploid phase in the life cycle of plants and algae that produces spores through meiotic division, alternating with the gametophyte generation.

Gametophyte Generation

The sexual phase in the life cycle of plants and algae that produces gametes.