When expectations of inflation are revised downward, the ...

[jace]

When expectations of inflation are revised downward, the short-run Phillips curve:
 a. shifts rightward.
  b. becomes steeper.
  c. shifts leftward.
 d. becomes flatter.

Question 2

Countries that enjoy long distance flows of goods, capital, and services as well as information and perceptions that accompany market exchanges would be categorized under _____ globalization.
 a. ethical
  b. cultural
  c. social
  d. economic
  e. political

[essyface1]

Answer to Question 1

c

Answer to Question 2

d

[jace]

Thanks for the timely response, appreciate it

[ASDFGJLO]

TYSM