Use the two graphs in the diagram to answer the following questions.
Figure 35-3
-Refer to Figure 35-3.The economy would move from c to b
A) in the short run if money supply growth increased unexpectedly.
B) in the short run if money supply growth decreased unexpectedly.
C) in the long run if money supply growth increases.
D) in the long run if money supply growth decreases.
Correct Answer:
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Q84: Use the two graphs in the diagram
Q88: An increase in expected inflation shifts the
A)short-run
Q90: Use the two graphs in the diagram
Q91: According to Friedman and Phelps's analysis of
Q92: Figure 35-4 Q93: An increase in expected inflation shifts Q93: If inflation expectations decline,than the short-run Phillips Q97: According to Friedman and Phelps,the unemployment rate Q172: A change in expected inflation shifts Q179: If inflation expectations rise, the short-run Phillips
A)the long-run
A)the short-run
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