Study Game - Topic 5.2

Test

(4)

The Phillips Curve

Descarga la versión para jugar en papel

Duplicar

Crear reto

Sobre Test

HS4

Economics

phillips curve

Edad recomendada: 17 años

85 veces realizada

Creada por

Zachary Foust

Estados Unidos

Top 10 resultados

1

Asiyah Ghaly

4 de Octubre de 2023

00:42

tiempo

100

puntuacion
2

Zachary Foust

3 de Octubre de 2023

00:59

tiempo

100

puntuacion
3

Laura Badoscastillo

10 de Octubre de 2023

01:38

tiempo

100

puntuacion
4

Daniel Garza

5 de Octubre de 2023

02:10

tiempo

100

puntuacion
5

Alana Mosely

29 de Febrero de 2024

03:29

tiempo

90

puntuacion
6

Eduardo Gonzalez

5 de Octubre de 2023

00:23

tiempo

50

puntuacion
7

Jazmin Perea

27 de Febrero de 2024

04:04

tiempo

50

puntuacion
8

Javian Taylor

6 de Marzo de 2024

00:23

tiempo

10

puntuacion

¿Quieres aparecer en el Top 10 de este juego?

Inicia sesión

para identificarte.

Crea tu propio juego gratis desde nuestro creador de juegos

Crear test

Compite contra tus amigos para ver quien consigue la mejor puntuación en esta actividad

Crear reto


Study Game - Topic 5.2Versión en línea The Phillips Curve por Zachary Foust 1 If the actual inflation rate is less than the expected inflation rate, which of the following must be true? a There is an inflationary gap. b The economy is in long-run equilibrium. c Potential real output exceeds equilibrium real output. d The cyclical rate of unemployment equals zero. 2 Which of the following will cause a movement from point X to point Y along the short-run Phillips curve that is shown in the graph above? a An increase in the expected inflation rate b An increase in government spending c An increase in input costs d An increase in income taxes 3 Use the graph of the long-run Phillips curve and short-run Phillips curve to answer the question. Assume members of the Organization of the Petroleum Exporting Countries (OPEC) agree to a coordinated increase in oil production. If the economy is at equilibrium at point B, what effect will this have on the Phillips curve model? a The SRPC will shift to the left. b The SRPC will shift to the right. c The LRPC will shift to the right. d There will be a movement from point B to point C. 4 The short-run Phillips curve shows the trade-off between... a The aggregate price level and aggregate output b Unemployment and inflation c Unemployment and aggregate output d The aggregate price level and inflation 5 The long-run Phillips curve illustrates a The expected inflation rate b The actual inflation rate c The actual rate of unemployment d The natural rate of unemployment 6 Examine the graph. What is the cyclical rate of unemployment? a 2% b 4% c 6% d 10% 7 An increase in expected inflation will shift a The short-run Phillips curve downward b The short-run Phillips curve upward c The long-run Phillips curve upward d The long-run Phillips curve downward 8 If nominal wages increase, what will happen to the Phillips curve model? a The short-run Phillips curve will shift to the right. b The short-run Phillips curve will shift to the left. c The long-run Phillips curve will shift to the right. d The long-run Phillips curve will shift to the left. 9 How will a decrease in government spending affect the long-run Phillips curve? a The long-run Phillips curve will shift to the right. b The long-run Phillips curve will shift to the left. c The long-run Phillips curve will shift to the right and then shift to the left. d The long-run Phillips curve will remain unchanged. 10 Examine the graph. Which of the following is true? a The economy is experiencing a recessionary gap. b The economy is experiencing an inflationary gap. c The economy is in long-run equilibrium. d Actual output exceeds potential output.

Study Game - Topic 5.2Versión en línea

The Phillips Curve

por Zachary Foust

If the actual inflation rate is less than the expected inflation rate, which of the following must be true?

There is an inflationary gap.

The economy is in long-run equilibrium.

Potential real output exceeds equilibrium real output.

The cyclical rate of unemployment equals zero.

Which of the following will cause a movement from point X to point Y along the short-run Phillips curve that is shown in the graph above?

An increase in the expected inflation rate

An increase in government spending

An increase in input costs

An increase in income taxes

Use the graph of the long-run Phillips curve and short-run Phillips curve to answer the question. Assume members of the Organization of the Petroleum Exporting Countries (OPEC) agree to a coordinated increase in oil production. If the economy is at equilibrium at point B, what effect will this have on the Phillips curve model?

The SRPC will shift to the left.

The SRPC will shift to the right.

The LRPC will shift to the right.

There will be a movement from point B to point C.

The short-run Phillips curve shows the trade-off between...

The aggregate price level and aggregate output

Unemployment and inflation

Unemployment and aggregate output

The aggregate price level and inflation

The long-run Phillips curve illustrates

The expected inflation rate

The actual inflation rate

The actual rate of unemployment

The natural rate of unemployment

Examine the graph. What is the cyclical rate of unemployment?

10%

An increase in expected inflation will shift

The short-run Phillips curve downward

The short-run Phillips curve upward

The long-run Phillips curve upward

The long-run Phillips curve downward

If nominal wages increase, what will happen to the Phillips curve model?

The short-run Phillips curve will shift to the right.

The short-run Phillips curve will shift to the left.

The long-run Phillips curve will shift to the right.

The long-run Phillips curve will shift to the left.

How will a decrease in government spending affect the long-run Phillips curve?

The long-run Phillips curve will shift to the right.

The long-run Phillips curve will shift to the left.

The long-run Phillips curve will shift to the right and then shift to the left.

The long-run Phillips curve will remain unchanged.

Examine the graph. Which of the following is true?

The economy is experiencing a recessionary gap.

The economy is experiencing an inflationary gap.

The economy is in long-run equilibrium.

Actual output exceeds potential output.

Study Game - Topic 5.2

Test

Descarga la versión para jugar en papel

Creada por

Top 10 resultados

Top juegos

Test

Tipos de sintagmas (II)

Test

Verbos irregulares en Inglés

Test

Cultura general española

Test

Brawl stars preguntas

Test

cuanto sabes de Futbol

Study Game - Topic 5.2Versión en línea

por Zachary Foust

If the actual inflation rate is less than the expected inflation rate, which of the following must be true?

Which of the following will cause a movement from point X to point Y along the short-run Phillips curve that is shown in the graph above?

The short-run Phillips curve shows the trade-off between...

The long-run Phillips curve illustrates

Examine the graph. What is the cyclical rate of unemployment?

An increase in expected inflation will shift

If nominal wages increase, what will happen to the Phillips curve model?

How will a decrease in government spending affect the long-run Phillips curve?

Examine the graph. Which of the following is true?