When the Short Run Aggregate Supply Curve Shifts Right, It

question 106

Multiple Choice

When the short run aggregate supply curve shifts right, it ___ the short-run Phillips curve.​

• A)​Moves the economy up along
• B)​Moves the economy down along
• C)​Shifts right
• D)​Shifts left

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Definitions:

FMLA

The Family and Medical Leave Act, a U.S. federal law that provides eligible employees with unpaid, job-protected leave for certain family and medical reasons.

Employers

Entities that hire individuals to perform various jobs in exchange for salary or wages.

Employees

Individuals who are hired by a company to perform tasks in exchange for compensation, under the direction and control of the employer.

COBRA

A federal law in the United States that allows for the temporary continuation of health coverage at group rates for employees and their families under certain circumstances such as job loss.