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Suppose That Businesses Become Less Optimistic About the Future

question 188

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Suppose that businesses become less optimistic about the future. Assuming no change in inflation expectations, how would the effects of this shock be shown on the Phillips curve diagram and what would happen to inflation and unemployment?


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Primary Data

Primary data is original data that is collected directly by the researcher specifically for the purpose of their study, through methods like surveys, interviews, or experiments.

Observational Data

Information collected through directly witnessing or recording physical occurrences and behaviors, without manipulating the environment or subjects.

Primary Data

Information collected directly by researchers through surveys, interviews, or experiments, specifically for their study’s purpose.

Facts And Figures

Quantifiable data and statistical information used to support arguments, make decisions, or present information in a clear and concise manner.

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