The Inflation Adjustment Line Will Shift Down If There Is

question 140

Multiple Choice

The inflation adjustment line will shift down if there is

• A)an increase in energy prices.
• B)a decrease in potential GDP.
• C)an increase in the strength of expectations concerning a recession next year.
• D)an increase in real GDP.
• E)news of the auto industry meeting the wage demands of workers.

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Definitions:

Scope

The extent or range of view, reach, or effect. In project management, it typically refers to the detailed set of deliverables or features of a project.

Inductive Reasoning

"Reasoning from specific observations to make generalizations."

Deductive Reasoning

Reasoning from a general case that is known to be true to a specific instance.

Abductive

A form of reasoning that begins with observations and seeks to find the simplest and most likely explanation.