In the Long Run, What Will Shift the Long-Run Phillips

question 80

Multiple Choice

In the long run, what will shift the long-run Phillips curve to the right?

• A) an increase in the minimum wage
• B) an increase in the money supply
• C) a decrease in government spending
• D) tax cuts

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Definitions:

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A pioneering color film process used from the 1930s to the 1950s that utilized three separate strips of film to capture red, green, and blue color components.