Which of the Following Shifts the Long-Run Phillips Curve Left

question 39

Multiple Choice

Which of the following shifts the long-run Phillips curve left?

• A)both an increase in the inflation rate and a decrease in the minimum wage rate
• B)an increase in the inflation rate,but not a decrease in the minimum wage rate
• C)a decrease in the minimum wage rate,but not an increase in the inflation rate
• D)neither a decrease in the minimum wage rate nor an increase in the inflation rate

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Definitions:

Recovery

The process of returning to a normal state of health, mind, or strength after exertion, illness, or injury.

Cardiorespiratory Endurance

The ability of the heart, lungs, and circulatory system to efficiently supply oxygen during sustained physical activity.

Muscular Endurance

The ability of a muscle or muscle group to perform repeated contractions against a force for an extended period.

Flexibility

The ability of joints to move through their full range of motion, crucial for overall mobility and injury prevention.