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Author Question: If the expected inflation rate changes, the long-run Phillips curve ________, and the short-run ... (Read 45 times)

Deast7027

  • Hero Member
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on: Jun 29, 2018
If the expected inflation rate changes, the long-run Phillips curve ________, and the short-run Phillips curve ________.
 
  A) shifts rightward; shifts upward
  B) does not shift; shifts upward
  C) shifts rightward; shifts downward
  D) shifts rightward; does not shift
  E) does not shift; does not shift

Question 2

A situation in which a single individual can provide a private good is known as the volunteer's dilemma.
 
  Indicate whether the statement is true or false


zenzy

  • Sr. Member
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  • Posts: 336
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

FALSE


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