In the 1960s,advocates of the Phillips Curve Suggested ________

question 53

Multiple Choice

In the 1960s,advocates of the Phillips curve suggested ________.

• A)an "optimal" goal of 1% unemployment and 1% to 2% inflation rates could be achieved
• B)a "realistic" goal of 7% unemployment and 6% to 7% inflation rates could be achieved
• C)a "nonperfectionist" goal of 3% unemployment and 4% to 5% inflation rates could be achieved
• D)all of the above
• E)none of the above

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Definitions:

Psychoanalysis

A therapeutic approach and theory of psychology developed by Sigmund Freud that aims to treat mental disorders by investigating the interaction of conscious and unconscious elements in the mind.

Sigmund Freud

An Austrian neurologist and the founder of psychoanalysis, a clinical method for treating psychopathology through dialogue between a patient and a psychoanalyst.

Independent Variable

A condition in a scientific study that is manipulated so that its effects may be observed.

Experimenters

Individuals who conduct experiments, often in a scientific context, to test hypotheses and observe outcomes.