If the government raises government expenditures,in the short run,prices
A) rise and unemployment falls.
B) fall and unemployment rises.
C) and unemployment rise.
D) and unemployment fall.
Correct Answer:
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Q11: A.W.Phillips' findings were based on data
A)from 1861-1957
Q14: The short-run relationship between inflation and unemployment
Q15: In the long run,the inflation rate depends
Q16: If policymakers increase aggregate demand,the price level
A)falls,
Q18: If policymakers decrease aggregate demand,the price level
A)falls,
Q21: Suppose that a central bank increases the
Q22: Suppose that the money supply increases.In the
Q24: Use the pair of diagrams below to
Q25: In the short run,policy that changes aggregate
Q120: One determinant of the long-run average unemployment
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