In the Short Run,an Increase in the Money Stock Growth

question 17

Multiple Choice

In the short run,an increase in the money stock growth rate

• A)moves the economy up the short-run Phillips curve.
• B)moves the economy down the short-run Phillips curve.
• C)shifts the short-run Phillips curve to the right.
• D)results in a decline in the natural rate of unemployment and a rise in the inflation rate.
• E)both b and d are correct.

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