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Other Fields Homework Help Economics Topic started by: vellojo on Oct 22, 2016



Title: In late 2008, Great Britain's inflation rate fell from 5.2 percent to 4.5 percent while ...
Post by: vellojo on Oct 22, 2016
In late 2008, Great Britain's inflation rate fell from 5.2 percent to 4.5 percent while unemployment was increased from 5.4 percent to 6 percent.  These changes would be shown as  a
A) movement down the short-run Phillips curve.
B) movement up along the short-run Phillips curve.
C) leftward shift of the long-run Phillips curve.
D) rightward shift of the long-run Phillips curve.


Title: Re: In late 2008, Great Britain's inflation rate fell from 5.2 percent to 4.5 percent while ...
Post by: amish on Oct 22, 2016
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Title: Re: In late 2008, Great Britain's inflation rate fell from 5.2 percent to 4.5 percent while ...
Post by: vellojo on Dec 2, 2016
Everyone I encourage you to thumbs up the answer!

got it right