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.

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Definitions:

Schizophrenia

A mental disorder characterized by distorted thinking, perceptions, emotions, language, self-awareness, and behavior.

Genetic Abnormality

Genetic Abnormality refers to a deviation from the normal sequence in the genetic material of an organism, which can result in diseases or variations in physical appearance or function.

SIDS

Sudden Infant Death Syndrome, an unexplained infant death, usually during sleep, that doesn’t have a clear cause even after thorough investigation.

Serotonin

A neurotransmitter largely found in the brain, intestines, and blood platelets that regulates mood, appetite, sleep, memory, and learning.