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In Figure 16

Question 104

Multiple Choice

  In Figure 16.2,according to supply-side theorists,a relaxation of trade barriers would result in a A) Movement from point A to point B. B) Rightward shift in the Phillips curve. C) Movement from point B to point A. D) Leftward shift in the Phillips curve. In Figure 16.2,according to supply-side theorists,a relaxation of trade barriers would result in a


A) Movement from point A to point B.
B) Rightward shift in the Phillips curve.
C) Movement from point B to point A.
D) Leftward shift in the Phillips curve.

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