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vellojo vellojo
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7 years ago
Suppose the expected inflation rate is 12 percent and the unemployment rate is 5 percent. If the expected inflation rate increases to 13 percent,
A) the natural unemployment rate will rise.
B) there will be a movement along the short-run Phillips curve.
C) the short-run Phillips curve will shift downward.
D) the short-run Phillips curve will shift upward.
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Studying economics @ Edinburgh U
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ukraniaukrania
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7 years ago
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vellojo Author
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#2
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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#3
7 years ago
Happy to help Slight Smile
Dream it. Person Raising Both Hands in Celebration
Wish it. Person Raising Both Hands in Celebration
Do it. Person Raising Both Hands in Celebration
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