If Workers Begin to Expect More Inflation in the Future

question 219

Multiple Choice

If workers begin to expect more inflation in the future, then we would expect that the:

• A)short-run aggregate supply curve will shift up (to the left).
• B)short-run aggregate supply curve will shift down (to the right).
• C)short-run aggregate supply curve will not shift.
• D)aggregate demand curve will shift left.

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