Use the Following to Answer Questions

question 12

Multiple Choice

Use the following to answer questions:
Select the word or phrase from the Terms section that best matches the definition or example provided in the Definitions section.
Terms
-Important Shia scholar of Islamic law and religion who became the leader of Iran's Islamic revolution and ruled Iran from 1979 until his death in 1989.

• A)decolonization
• B)Indian National Congress
• C)Mahatma Gandhi
• D)satyagraha
• E)Muslim League
• F)Muhammad Ali Jinnah
• G)Abdul Ghaffar Khan
• H)African National Congress
• I)Nelson Mandela
• J)Black Consciousness
• K)Sowet
• L)military government
• M)Mozambique's civil war
• N)globalization of democracy
• O)import substitution industrialization
• P)export-led industrialization
• Q)Mustafa Kemal Atatürk
• R)Ayatollah Ruhollah Khomeini

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Definitions:

Short-run Phillips Curve

The short-run Phillips Curve represents the inverse relationship between inflation and unemployment in an economy over a short-term period.

Unemployment

The situation when individuals who are capable of working are not able to find a job despite actively seeking work.

Sacrifice Ratio

The measure of economic costs associated with reducing inflation through monetary policies, typically represented as the loss in output per percentage point decrease in inflation.

Inflation Expectations

The rate at which consumers, businesses, and investors expect prices to rise in the future.