Which of the Following Would Move the Economy Up and to the Left

question 119

Multiple Choice

Which of the following would move the economy up and to the left along a short run Phillips Curve?

• A)​Increases in the discount rate and increases in the interest rate the Fed pays on bank reserves.
• B)​Increases in taxes by the federal government combined with reductions in government purchases of goods and services.
• C)​Decreases in the fed funds interest rate target adopted by the Fed.
• D)​An increase in the expected rate of inflation.