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Questions Bank (1487962 total)

Match the words to their synonym or definition:

spinal cord

injury

take part in

escape

ward

service members

health

disabled

the founding

rehab (=rehabilitation)

Which of the following statements about the short-run Phillips curve is true?

The Philips curve is a horizontal line, indicating that there is a perfect inverse relationship between inflation and unemployment.

The Philips curve is a vertical line, indicating that there is no relationship between inflation and unemployment.

The Philips curve shows a positive relationship between inflation and unemployment.

The Philips curve shows a negative relationship between inflation and unemployment.

Consider an unemployed person. Which of the following statements is false?

The person is counted towards the labor force.

The person is between 16 and 65 years old.

The person searches for a new job.

The person is counted when computing the participation rate.

If Pilsner Urquell raises the price of beer it sells to Czech bars and pubs, its price hikes will increase:

neither the CPI nor the GDP deflator.

the CPI but not the GDP deflator.

the GDP deflator but not the CPI.

both the CPI and the GDP deflator.

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