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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, the Term ________ Reflects ________
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In the Phillips Curve, the Term ________ Reflects ________

Question 29

Question 29

Multiple Choice

In the Phillips curve, the term ________ reflects ________.


A) In the Phillips curve, the term ________ reflects ________. A)    ; cost-push inflation B)    ; cost-push inflation C)    ; the  true  rate of inflation D)    ; demand-pull inflation E)    ; the responsiveness of inflation to cost shocks ; cost-push inflation
B) In the Phillips curve, the term ________ reflects ________. A)    ; cost-push inflation B)    ; cost-push inflation C)    ; the  true  rate of inflation D)    ; demand-pull inflation E)    ; the responsiveness of inflation to cost shocks ; cost-push inflation
C) In the Phillips curve, the term ________ reflects ________. A)    ; cost-push inflation B)    ; cost-push inflation C)    ; the  true  rate of inflation D)    ; demand-pull inflation E)    ; the responsiveness of inflation to cost shocks ; the "true" rate of inflation
D) In the Phillips curve, the term ________ reflects ________. A)    ; cost-push inflation B)    ; cost-push inflation C)    ; the  true  rate of inflation D)    ; demand-pull inflation E)    ; the responsiveness of inflation to cost shocks ; demand-pull inflation
E) In the Phillips curve, the term ________ reflects ________. A)    ; cost-push inflation B)    ; cost-push inflation C)    ; the  true  rate of inflation D)    ; demand-pull inflation E)    ; the responsiveness of inflation to cost shocks ; the responsiveness of inflation to cost shocks

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