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If the Short-Run Phillips Curve Has Shifted Upward, the _____

question 153

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If the short-run Phillips curve has shifted upward, the _____ curve has shifted to the _____.


Definitions:

Entrepreneurs

Individuals who start and run their own businesses, taking on greater than normal financial risks in order to do so.

Business Practices

The methods, strategies, and procedures used by companies to conduct business, market their products, and manage relationships with customers and stakeholders.

Mexican Laborers

Workers from Mexico, often migrating for employment in agriculture, construction, and other industries, primarily in the United States.

Borderlands

Regions located on or near the borders between countries, often characterized by cultural blending and conflicts.

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