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Author Question: The expectation of a lower inflation rate will cause: a. the short-run Phillips curve to become ... (Read 31 times)

gonzo233

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on: Jun 30, 2018
The expectation of a lower inflation rate will cause:
 a. the short-run Phillips curve to become vertical.
 b. the short-run Phillips curve to shift leftward.
 c. a movement down along a short-run Phillips curve.
  d. the short-run Phillips curve to shift rightward.

Question 2

Supporters of globalization argue that increased globalization will lead to:
 a. increased living standards.
  b. decreased budget deficits.
  c. decreased trade deficits.
  d. currency appreciation.
  e. monetary stability.


Ddddd

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

a


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