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Author Question: An increase in price expectations shifts the long-run Phillips curve, but not the short-run Phillips ... (Read 56 times)

tnt_battle

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on: Jun 30, 2018
An increase in price expectations shifts the long-run Phillips curve, but not the short-run Phillips curve.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Before discovering that the short-run Phillips curve does not show the true long-run situation, policy makers were successful in trying to bring the economy to the zero-inflation, zero-unemployment point on the short-run curve.
 a. True
  b. False
  Indicate whether the statement is true or false


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upturnedfurball

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Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

False


tnt_battle

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

Jsherida

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Reply 3 on: Yesterday
Wow, this really help

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