If Inflation Expectations Rise,the Short-Run Phillips Curve Shifts

question 140

Multiple Choice

If inflation expectations rise,the short-run Phillips curve shifts

• A)right,so that at any unemployment rate inflation is higher in the short run than before.
• B)left,so that at any unemployment rate inflation is higher in the short run the before.
• C)right,so that at any unemployment rate inflation is lower in the short run than before.
• D)left,so that at any unemployment rate inflation is lower in the short run than before.

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