When the short run aggregate supply curve shifts left, it ___ the short-run Phillips curve.
A) Moves the economy up along
B) Moves the economy down along
C) Shifts right
D) Shifts left
Correct Answer:
Verified
Q64: The short-run Phillips curve always intersects the
Q65: If the inflation rate is decreasing while
Q66: The short-run Phillips curve could shift to
Q67: If the inflation rate is decreasing while
Q68: Which of the following would shift the
Q70: When the actual inflation rate exceeds the
Q71: When the short run aggregate supply curve
Q72: Which of the following is true?
A)Inflation and
Q73: If the short-run aggregate supply curve is
Q74: Lower than expected inflation rate:
A)shifts short-run Phillips
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