Which of the Following Would Tend to Shorten Recessions Associated

question 11

Multiple Choice

Which of the following would tend to shorten recessions associated with anti-inflation policies of the Federal Reserve?

• A)People adjust their expectations of inflation slowly.
• B)People believe policy announcements made by Fed officials.
• C)The short-run Phillips curve does not shift immediately.
• D)All of the above are correct.

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