In the Long Run,a Negative Real Shock Will Cause the Inflation

question 215

Multiple Choice

In the long run,a negative real shock will cause the inflation rate to:

• A) increase.
• B) decrease.
• C) remain unchanged.
• D) become more difficult to predict.

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Definitions:

Neuroticism Dimension

An individual's disposition distinguished by susceptibility to nervousness, fright, whims in temperament, uneasiness, longing for what others have, irritability, resentment, and isolation.

Big Five

A model describing human personality as comprising five broad dimensions: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Core Personality Dimensions

Fundamental attributes that describe an individual’s personality, often considered stable and encompassing a range of behaviors.

Facets

More specific components of the Big Five; subcategories of Big Five traits.