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Which of the Following Would Shift the Long-Run Phillips Curve

question 16

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Which of the following would shift the long-run Phillips curve to the right?


Definitions:

Repeated

An action or event that occurs more than once or has been done or said again.

Believable

Capable of being accepted as true or realistic; convincing or credible.

Hindsight Bias

The inclination to see events that have already occurred as being more predictable than they were before they took place.

Critical Thinking

Dedicated to an in-depth inspection and critique of a problem with the intent of deriving a verdict.

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