Which of the Following Is True?​

question 73

Multiple Choice

Which of the following is true?​

• A)​Inflation and unemployment rates can both increase in the short run in response to positive supply shocks.
• B)​Inflation and unemployment rates can both decrease in the short run in response to reduced aggregate demand.
• C)​Inflation and unemployment rates can both decrease in the short run in response to positive supply shocks.
• D)​The short-run Phillips curve relationship appears to be relatively stable over time.

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