If a Central Bank Attempts to Lower the Inflation Rate

question 113

Multiple Choice

If a central bank attempts to lower the inflation rate but the public doesn't believe the inflation rate will fall as far as the central bank says, then in the short run unemployment

• A)rises.As inflation expectations adjust, the short-run Phillips curve shifts right.
• B)rises.As inflation expectations adjust, the short-run Phillips curve shifts left.
• C)falls.As inflation expectations adjust, the short-run Phillips curve shifts right.
• D)falls.As inflation expectations adjust, the short-run Phillips curve shifts left.

Appreciate the importance and function of the Cabinet and the Executive Office of the President.

Recognize the scope and limitations of the president's power to use military force both domestically and internationally.

Understand the roles and powers of the President of the United States.

Recognize the historical context and significance of Congressional powers and actions.

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Definitions:

Qi

In traditional Chinese medicine, the vital life force or energy that flows through the body, believed to be essential for maintaining health and vitality.

Acupressure

Form of massage in which firm, gentle pressure is applied to the acupuncture points of the body.

Reflexology

A treatment based on massage of the feet to relieve symptoms in other parts of the body.

Horticultural Therapy

An adjunct therapy to occupational and physical therapy that has people view nature, visit a healing garden or a wander garden, or actually participate in gardening to decrease social isolation, foster interactions with others, stimulate the five senses, provide leisure activities, improve motor function, provide a sense of achievement, and improve self-esteem.