A Decrease in Aggregate Demand Tends to Cause a ____

question 56

Multiple Choice

A decrease in aggregate demand tends to cause a ____ a short run Phillips curve at first, then cause a ____ in the short run Phillips curve as people adjust their expectations.

• A)​Movement up along; upward shift.
• B)​Movement up along; downward shift.
• C)​Movement down along; upward shift.
• D)​Movement down along; downward shift.

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Definitions:

Variety Of Conditions

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Repeatedly

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