Which of the Following Would Correspond to a Movement Downward

question 9

Multiple Choice

Which of the following would correspond to a movement downward along a short-run Phillips curve?

• A)The aggregate demand curve shifts rightward,moving up along a short-run aggregate supply curve.
• B)The aggregate demand curve shifts leftward,moving down along a short-run aggregate supply curve.
• C)The short-run aggregate supply curve shifts leftward,moving up along the aggregate demand curve.
• D)The money supply curve shifts rightward for a given money demand curve.
• E)Both the money demand and the money supply curves shift leftward.