The Figure Given Below Shows the Phillips Curves of the U.S.economy

question 24

Multiple Choice

The figure given below shows the Phillips curves of the U.S.economy during early 1960s to late 1970s. Figure 14.2 Refer to Figure 14.2.If the natural rate of unemployment is 5 percent, which of the following would cause a movement along Phillips curve III from point A to point B?

• A)An inward shift of the aggregate demand curve
• B)An outward shift of the aggregate demand curve
• C)A movement down along the aggregate supply curve
• D)A movement down along the aggregate demand curve
• E)A movement up along the aggregate demand curve

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Definitions:

ON State Input Voltage

The specific voltage level required at the input of a device or circuit to consider the state as "on" or active.

Leakage Voltage

The voltage that appears across a device or insulating material that is supposed to be non-conductive, indicating an incomplete isolation or faulty insulation.

Status Indicators

Visual or auditory signals (such as LEDs or beeps) on devices or equipment that show their current operating condition, such as on/off, error, or operational status.

Output Module

A component in PLC systems that provides physical output based on the program logic, like activating motors or lights.