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vellojo vellojo
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Posts: 2982
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7 years ago
As world economies recover from the financial crisis in 2008 and 2009, the U.S. economy returns to full employment and expected inflation equals actual inflation,
A) there will be a movement downward along the short-run Phillips curve.
B) there will be a movement back to the long-run Phillips curve.
C) there will be a movement upward along the short-run Phillips curve.
D) the long-run Phillips curve will shift leftward.
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Studying economics @ Edinburgh U
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Answer verified by a subject expert
amishamish
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Posts: 475
7 years ago
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vellojo Author
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7 years ago
Everyone I encourage you to thumbs up the answer!

got it right
Studying economics @ Edinburgh U
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