If households and firms increase their expectation for the rate of inflation, the ______ curve will shift _____.
A) AD; rightward
B) AS; rightward
C) AS; leftward
D) AS; upward

Question

Quizplus · Accepted Answer

The Answer of If households and firms increase their expectation for the rate of inflation, the ______ curve will shift _____.
A) AD; rightward
B) AS; rightward
C) AS; leftward
D) AS; upward

If Households and Firms Increase Their Expectation for the Rate