The Long-Run Phillips Curve Would Shift to the Right If

question 95

Multiple Choice

The long-run Phillips curve would shift to the right if

• A)the money supply growth rate decreased or if labor markets become more flexible.
• B)the money supply growth rate decreased,but not if labor markets become more flexible.
• C)labor markets become more flexible,but not if the money supply growth rate decreased.
• D)None of the above is correct.

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Definitions:

Sales Prices

The set amount at which goods or services are sold to customers, influencing the business's revenue.

Salespeople

Individuals who are employed to sell products or services to customers.

Number Of Sales

quantifies the total sales transactions completed within a specific period, often used to gauge business performance.

Bonus

A form of additional compensation given to an employee or workers, above their normal pay, for achieving a certain level of performance or for special occasions.