Short-run movements along the Phillips curve
A) remind us of the dangers of confusing various types of unemployment
B) may determine long-run shifts of the same curve
C) are usually brief and dramatic
D) respond to different assumptions about consumer confidence
E) lead to long-run movements along the same curve

Question

Quizplus · Accepted Answer

The Answer of Short-run movements along the Phillips curve
A) remind us of the dangers of confusing various types of unemployment
B) may determine long-run shifts of the same curve
C) are usually brief and dramatic
D) respond to different assumptions about consumer confidence
E) lead to long-run movements along the same curve

Short-Run Movements Along the Phillips Curve