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In the Phillips Curve, the Term Reflects

Question 58

Multiple Choice

In the Phillips curve, the term ________ reflects ________.

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