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Author Question: For the short-run Phillips curve to remain relatively stable, then changes in real GDP must occur ... (Read 33 times)

crobinson2013

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on: Jun 30, 2018
For the short-run Phillips curve to remain relatively stable, then changes in real GDP must occur primarily as a result of shifts in:
 a. changes in aggregate demand.
 b. changes in real wages caused by changes in the supply of labor.
  c. changes in inflationary expectations.
 d. changes in aggregate supply.

Question 2

The First World is made up of communist nations.
 a. True
  b. False
  Indicate whether the statement is true or false


Carissamariew

  • Sr. Member
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Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

False


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