If the ________ Curve Shifts from Year to Year and the ________

question 148

Multiple Choice

If the ________ curve shifts from year to year and the ________ curve does not, then the short run Phillips curve would be downward sloping.

• A) aggregate demand; aggregate supply
• B) aggregate supply; aggregate demand
• C) employment; inflation
• D) inflation; employment

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Definitions:

M'Naghten Rule

A legal standard used to determine whether a defendant was insane at the time of committing a crime and therefore not responsible for their actions.

Durham Rule

A legal standard used to determine criminal liability in defendants claiming insanity, stating that an accused is not criminally responsible if their unlawful act was the product of mental disease or defect.

Criminality

Behavior that violates laws or involves the commission of crimes.

Insanity Defense Reform Act

A legal reform measure attempting to amend the criteria under which individuals can be considered legally insane and therefore not responsible for their criminal actions.