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Which of the following is correct if there is an adverse supply shock?
Q51: The short-run Phillips curve intersects the long-run
Q101: The automatic stabilizers in the U.S. economy
Q192: Milton Friedman argued that the Fed's control
Q281: If consumer confidence falls, then aggregate demand
Q333: According to the political business cycle theory,
Q374: According to the Phillips curve, which fiscal
Q433: One of President Obama's first policy initiatives
Q451: Which of the following is correct according
Q532: In 1979, Fed chair Paul Volcker decided
Q536: The consequences of the Volcker disinflation demonstrated