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vellojo vellojo
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Posts: 2982
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7 years ago
"All for One, but None for All"
In an article regarding how Great Britain and France are addressing the economic crisis in 2008, Britain's prime minister  "is eager to encourage consumer spending"  while  France's president   "wants to boost investment in both the private and public sectors."  Both leaders are concerned because "hardly a day goes by without some manufacturing company announcing painful restructuring, plant closures or temporary lay-offs. "
www.ft.com, 11/24/2008

If consumption and investment are increased by the governments' policies, we would expect ________ and a ________  the short-run Phillips curve.
A) increase in aggregate demand; rightward shift of
B) movement up along the AD curve; rightward shift of
C) increase in aggregate demand; movement up along
D) movement down along the AD curve; movement down along
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Studying economics @ Edinburgh U
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amishamish
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Posts: 475
7 years ago
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vellojo Author
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7 years ago
I went through a flood of websites until I signed up here lol Glad I did
Studying economics @ Edinburgh U
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