-The shift of the short-run Phillips curve in the figure above is the result of
A) an increase in the expected inflation rate.
B) an increase in the natural unemployment rate.
C) a decrease in the actual inflation rate.
D) a decrease in the natural unemployment rate.
E) a decrease in the expected inflation rate.

Question

-The shift of the short-run Phillips curve in the figure above is the result of
A) an increase in the expected inflation rate. 
B) an increase in the natural unemployment rate. 
C) a decrease in the actual inflation rate. 
D) a decrease in the natural unemployment rate. 
E) a decrease in the expected inflation rate.

Quizplus · Accepted Answer

The Answer of 
-The shift of the short-run Phillips curve in the figure above is the result of
A) an increase in the expected inflation rate. 
B) an increase in the natural unemployment rate. 
C) a decrease in the actual inflation rate. 
D) a decrease in the natural unemployment rate. 
E) a decrease in the expected inflation rate.

-The Shift of the Short-Run Phillips Curve in the Figure