If the Phillips Curve Is Always True, What Could Not

question 138

Multiple Choice

If the Phillips Curve is always true, what could not happen?

• A) invention of the Phillips screwdriver
• B) stagnation
• C) stagflation
• D) deflation
• E) demand-pull inflation

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Definitions:

Growth

An increase in size, number, value, or strength; in biology, it's the process by which organisms increase in size through cell multiplication.

Reproduction

The biological process by which organisms produce new individuals of their species, ensuring the continuation of genetic information.

Chemical Combination

A process where two or more substances react to form a new substance with different chemical properties.

Chemical Compound

A substance formed from two or more elements chemically united in fixed proportions.