In the long run, a decrease in the money supply growth rate
A) increases inflation and shifts the short-run Phillips curve right.
B) increases inflation and shifts the short-run Phillips curve left.
C) decreases inflation and shifts the short-run Philips curve right.
D) decreases inflation and shifts the short-run Phillips curve left.
Correct Answer:
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Q170: If the minimum wage increased, then at
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Q172: A change in expected inflation shifts
A)the short-run
Q173: Other things the same, if there is
Q174: Figure 35-3 Q176: Suppose the Fed decreased the growth rate Q177: Assume the analysis of Friedman and Phelps
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