During the Mid and Last Part of the 1990's Both

question 79

Multiple Choice

During the mid and last part of the 1990's both inflation and unemployment were low.In general this could have been the result of

• A)adverse supply shocks that shifted the short-run Phillips curve left.
• B)adverse supply shocks that shifted the short-run Phillips curve right.
• C)favorable supply shocks that shifted the short-run Phillips curve left.
• D)favorable supply shocks that shifted the short-run Phillips curve right.

---

Definitions:

Awareness

The knowledge or perception of a situation or fact, often regarding social issues or personal health.

Obsessive-Compulsive Disorder

Obsessive-Compulsive Disorder (OCD) is an anxiety disorder characterized by uncontrollable, recurring thoughts (obsessions) and behaviors (compulsions) that the individual feels the urge to repeat over and over.

Mild Anxiety

A low level of anxiety that can act as a motivator or signal to pay attention, without significantly impairing daily function.

Trait Anxiety

A personality characteristic that denotes a tendency toward anxiety across various situations or over time.