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Author Question: If the ADcurve shifts from year to year and the AScurve does not, then the short run Phillips curve would be (Read 28 times)

fbq8i

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on: Apr 19, 2019

Question 1

There is no systematic relationship between the price level and the level of aggregate output when


◦ aggregate demand is negatively sloped.
◦ aggregate demand is changing, but aggregate supply is not.
◦ both aggregate supply and aggregate demand are changing simultaneously.
◦ aggregate supply is changing, but aggregate demand is not.

Question 2

If the 
AD curve shifts from year to year and the 
AS curve does not, then the short run Phillips curve would be


◦ downward sloping.
◦ upward sloping.
◦ shifting to the left.
◦ shifting to the right.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by fbq8i on Apr 19, 2019

lou

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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fbq8i

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Reply 2 on: Apr 19, 2019
Great answer, keep it coming :)

epscape

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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