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    Macroeconomics Study Set 38
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    Exam 12: Monetary Policy and the Phillips Curve
  5. Question
    In the Phillips Curve Is
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In the Phillips Curve Is

Question 51

Question 51

Multiple Choice

In the Phillips curve In the Phillips curve   is: A)  a demand shock. B)  an inflation shock. C)  a measure of the sensitivity of inflation to demand conditions. D)  a permanent price trend. E)  fiscal policy shock. is:


A) a demand shock.
B) an inflation shock.
C) a measure of the sensitivity of inflation to demand conditions.
D) a permanent price trend.
E) fiscal policy shock.

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