According to the Phillips Curve

question 70

Multiple Choice

According to the Phillips curve

• A) there is a direct relationship between price-level changes and the level of unemployment rate.
• B) the unemployment rate is not affected by changes in the price level.
• C) price-level changes are not affected by changes in the unemployment rate.
• D) there is an inverse relationship between price-level changes and the unemployment rate.

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Definitions:

Symbolic Play

Play in which children make believe that objects and toys are other than what they are. Also called pretend play.

Sensorimotor Stage

The first of Jean Piaget's stages of cognitive development, where infants learn through interacting with the world using their senses and motor activities.

Functional Play

Play activities that involve simple, repetitive activities typical of infants and young children, which help in developing physical and cognitive skills.

Formal Play

Structured play activities that are governed by rules and often involve social interactions or competition.