Which of the Following Is Not Correct

question 13

Multiple Choice

Which of the following is not correct?

• A)In the short run,policymakers face a tradeoff between inflation and unemployment.
• B)Events that shift the long-run Phillips curve right shift the long-run aggregate supply curve left.
• C)Unemployment can be changed only by the use of government policy.
• D)The decrease in output associated with reducing inflation is less if the policy change is announced ahead of time and is credible.

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Definitions:

Reproductive Success

The ability to pass on one's genes to the next generation effectively through offspring that survive to reproductive age.

Category Killer

A large retail chain that dominates a product category, often driving out smaller competitors.

Intertype Competition

Competition between retailers that offer different types of formats or products, such as physical stores versus online platforms.

Scrambled Merchandising

A retail strategy where a store sells a wide variety of unrelated products to increase foot traffic and sales.