A Rise in the Expected Inflation Rate Leads to _

question 132

Multiple Choice

A rise in the expected inflation rate leads to _ in the long- run Phillips curve and in the short- run Phillips curve.

• A) a leftward shift; an upward shift
• B) no shift; no shift
• C) an upward shift; no shift
• D) no shift; an upward shift

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A large contiguous area of land on the Earth's surface, distinguished from smaller landforms and bodies of water.

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A collection of protected areas managed by a nation to conserve natural beauty, wildlife, and historical sites.

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