The Short-Run Phillips Curve Will Not Shift Unless There Is

question 111

Multiple Choice

The short-run Phillips curve will not shift unless there is

• A)an increase in the unemployment rate.
• B)an increase in inflation that is unanticipated.
• C)a decrease in inflation that is unanticipated.
• D)a change in inflation expectations.

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Monetary Payment

The process of transferring money, or its equivalent, from one party to another as compensation for goods or services provided.

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