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

question 4

Multiple Choice

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

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

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Human Remains

The physical remains of a person after death.

Bog

A wetland that accumulates peat, a deposit of dead plant material—often mosses, and in a majority of cases, sphagnum moss.

Past Participle

A grammatical form of a verb used in perfect tenses and passive voice constructions, typically ending in -ed for regular verbs in English.

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Prehistoric weapons made from an alloy of copper and tin, used in warfare and ceremonies during the Bronze Age.