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A rightward shift of the short-run aggregate-supply curve results in a more favorable trade-off between inflation and unemployment.
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Q16: The long-run Phillips curve is consistent with
Q75: At the inception of a lease, no
Q130: The cost of inflation reduction is a
Q190: If a central bank decreases the money
Q227: If policymakers expand aggregate demand, then in
Q286: If businesses become more pessimistic about the
Q358: If prices and wages adjusted rapidly and
Q361: Time inconsistency will cause the<br>A) short-run Phillips
Q371: When aggregate demand is too low to
Q412: If expected inflation rises but actual inflation