Along the Short-Run Phillips Curve,when the Unemployment Rate Goes Down

question 145

Multiple Choice

Along the short-run Phillips curve,when the unemployment rate goes down,

• A)unemployment benefit payments go up
• B)prices go down
• C)the Phillips curve shifts outward
• D)the inflation rate goes up
• E)there is no change in the rate of inflation

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The way individuals perceive, interact, and manage their finances and views on money.

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A comparison between two things, typically for the purpose of explanation or clarification, highlighting similarities in some respects.

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