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vellojo vellojo
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Posts: 2982
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7 years ago
A story from www.ft.com (1/31/2005) describing Ireland's transformation to a  prosperous economy noted that "Ireland's story is unique: a small, English-speaking, non-industrialised country on the edge of Europe was able to secure structural funds from the EU, cut taxes, deregulate faster than its neighbours and attract lots of foreign companies in the process."
If the natural rate of unemployment in Ireland decreased as a result of these policies, then ________ would shift ________.
A) only the long-run Phillips curve; leftward
B) only the short-run Phillips curve; rightward
C) the long-run and short-run Phillips curves; leftward
D) the long-run and short-run Phillips curves; rightward
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
Read 116 times
2 Replies
Studying economics @ Edinburgh U

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wrote...
7 years ago
C
vellojo Author
wrote...
7 years ago
Checks out after I submitted my assignment Smiling Face with Open Mouth
Studying economics @ Edinburgh U
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