The Idea Behind the Phillips Curve Is That ________

question 49

Multiple Choice

The idea behind the Phillips curve is that ________.

• A)when the unemployment rate is low wages will decrease
• B)tightness in the labor market puts upward pressures on wages and prices
• C)when firms raise wages to attract new workers,prices decrease
• D)all of the above
• E)none of the above

---

Definitions:

Active Window

The currently focused window on a computer display; it is the window that receives input and commands from the user.

Administrator Access

permission level granted to users allowing them to have full control over the settings, configurations, and management of a system.

User Account Control

A security feature found in modern operating systems that helps prevent unauthorized changes to the operating system by prompting the user for permission or an administrator password.

Folder Windows

Interface elements in a computer's operating system that display the contents of a directory or folder.