An Unanticipated Decrease in Aggregate Demand Will Cause an Upward

question 48

True/False

An unanticipated decrease in aggregate demand will cause an upward shift in the short-run Phillips curve.

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Definitions:

Membrane

A thin layer of tissue that covers a surface, lines a cavity, or divides a space or organ.

Positively Charged

An electrical condition where an object or particle has more protons than electrons, giving it a net positive electric charge.

Negatively Charged

Having more electrons than protons, resulting in a net negative electrical charge.

Synaptic Knob

The end of the axon branch.