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Author Question: An increase in aggregate demand tends to cause a ____ a short run Phillips curve at first, then ... (Read 130 times)

amal

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An increase in aggregate demand tends to cause a ____ a short run Phillips curve at first, then cause a ____ in the short run Phillips curve as people adjust their expectations.
 a. Movement up along; upward shift.
 b. Movement up along; downward shift.
 c. Movement down along; upward shift.
 d. Movement down along; downward shift.

Question 2

Inward-oriented development strategies focus on exports of goods and services.
 a. True
  b. False
  Indicate whether the statement is true or false



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sylvia

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Answer to Question 1

a

Answer to Question 2

False




amal

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


phuda

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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