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The Figure Above Shows Some Phillips Curves for an Economy

Question 109

Multiple Choice

   The figure above shows some Phillips curves for an economy. -In the figure above,the shift from the short-run Phillips curve SRPC₀ and the long-run Phillips curve LRPC0 to the short-run Phillips curve SRPC2 and the long-run Phillips curve LRPC2 is the result of ________ in the expected inflation rate and ________ in the natural unemployment rate. A) a decrease;a decrease B) a decrease;an increase C) no change;a decrease D) an increase;no change E) an increase;an increase
The figure above shows some Phillips curves for an economy.
-In the figure above,the shift from the short-run Phillips curve SRPC₀ and the long-run Phillips curve LRPC0 to the short-run Phillips curve SRPC2 and the long-run Phillips curve LRPC2 is the result of ________ in the expected inflation rate and ________ in the natural unemployment rate.


A) a decrease;a decrease
B) a decrease;an increase
C) no change;a decrease
D) an increase;no change
E) an increase;an increase

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