If the Actual Inflation Rate Exceeds the Expected Inflation Rate

question 68

Multiple Choice

If the actual inflation rate exceeds the expected inflation rate,

• A)the economy is on the long-run Phillips curve
• B)unemployment exceeds the natural rate
• C)maintaining the existing unemployment rate will require increasing inflation in the long run
• D)the actual rate will tend to fall toward the expected rate
• E)unemployment will tend to decrease in the long run

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Definitions:

BRCA1

A gene located on chromosome 17, playing a critical role in the repair of DNA breaks; mutations can significantly increase the risk of breast and ovarian cancer.

BRCA2

A gene located on chromosome 13 that produces a protein involved in DNA repair and plays a key role in maintaining the genetic stability of cells.

Mitotic Spindle

A structure composed of microtubules that segregates chromosomes into daughter cells during mitosis.

Microtubules

Cylindrical structures that are part of the cytoskeleton in all eukaryotic cells, involved in cellular movement, shape, and division.