Moving ________ the short-run Phillips curve is equivalent to moving ________.
A) downward along; downward along the aggregate demand curve
B) downward along; upward along the aggregate demand curve
C) upward along; upward along the aggregate supply curve
D) downward along; upward along the potential GDP line
E) downward along; downward along the potential GDP line

Question

Quizplus · Accepted Answer

The Answer of Moving ________ the short-run Phillips curve is equivalent to moving ________.
A) downward along; downward along the aggregate demand curve
B) downward along; upward along the aggregate demand curve
C) upward along; upward along the aggregate supply curve
D) downward along; upward along the potential GDP line
E) downward along; downward along the potential GDP line

Moving ________ the Short-Run Phillips Curve Is Equivalent to Moving