Either Supply Shocks or Adjusting Inflation Expectations Can Shift the Short

question 98

True/False

Either supply shocks or adjusting inflation expectations can shift the short run Phillips curve.

---

Definitions:

Depressive Symptoms

Refer to emotional and physical symptoms typically associated with depression, such as feelings of sadness, hopelessness, and fatigue.

Antianxiety Drugs

Antianxiety drugs are medications designed to reduce symptoms of anxiety and panic disorders, helping to calm an individual's mental state.

Xanax

A prescription medication known generically as alprazolam, used primarily to treat anxiety disorders and panic attacks by calming the nervous system.

Ativan

A prescription medication known generically as lorazepam, used to treat anxiety disorders, insomnia, and certain types of seizures.