An Increase in the Expected Inflation Rate Will

question 94

Multiple Choice

An increase in the expected inflation rate will

• A)shift the short-run Phillips curve to the right.
• B)shift the short-run Phillips curve to the left.
• C)cause the short-run Phillips curve to become flatter.
• D)reduce the natural rate of unemployment.
• E)cause the long-run Phillips curve to shift to the right.

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Definitions:

Ranking Method

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