Changes in which of the following shift the short-run Phillips curve?
I. changes in the natural unemployment rate
Ii. changes in the expected inflation rate iii. changes in the inflation rate
A) i only
B) ii only
C) i, ii, and iii
D) i and ii
E) iii only
Correct Answer:
Verified
Q45: The expected inflation rate is the
A)same as
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A)took no action so
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