ʺAll for One, but None for Allʺ

question 128

Multiple Choice

ʺAll for One, but None for Allʺ
In an article regarding how Great Britain and France are addressing the economic crisis in 2008, Britainʹs prime minister ʺis eager to encourage consumer spendingʺ while Franceʹs president
ʺwants to boost investment in both the private and public sectors.ʺ Both leaders are concerned because ʺhardly a day goes by without some manufacturing company announcing painful restructuring, plant closures or temporary lay-offs.ʺ
If the governments can increase consumption or investment while holding the expected inflation constant, there would be

• A) a movement down along the short-run Phillips curve
• B) a movement up along the short-run Phillips curve.
• C) a leftward shift of the AD curve.
• D) a rightward shift of the long-run Phillips curve.

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Definitions:

Surprise Deals

Special offers or discounts that are unexpected or not previously announced, often used as a marketing strategy to attract customers.

Regional Shopping Center

A large retail complex that serves a wide area and typically includes a variety of stores and services.

Anchor Stores

Large stores, usually department stores or chains, that serve to attract customers to a shopping mall or area because of their extensive product selections and brand recognition.

Retail Cluster

A grouping of similar types of retail outlets or stores located in proximity to each other designed to provide a varied shopping experience for consumers.