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skawa1991 skawa1991
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5 years ago
What impact does expansionary monetary policy have on the short-run Phillips curve if consumers and firms expect the expansionary monetary policy to increase inflation?
A) The short-run Phillips curve shifts down.
B) The short-run Phillips curve shifts up.
C) The short-run Phillips curve becomes the long-run Phillips curve.
D) The short-run Phillips curve is not affected by expansionary moAnswer: olicy.
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InMacro

InMacro


Edition: 1st
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gugu123gugu123
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5 years ago
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skawa1991 Author
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5 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
jaray75
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Yesterday
Helped a lot
54321abs
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2 hours ago
this is exactly what I needed
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