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Author Question: If aggregate demand decreases and expectations regarding inflation remain constant (Read 51 times)

silviawilliams41

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Question 1

The relationship between inflation and unemployment is depicted by the


◦ aggregate demand curve.
◦ aggregate supply curve.
◦ Phillips curve.
◦ production possibility curve.

Question 2

If aggregate demand decreases and expectations regarding inflation remain constant


◦ the economy moves along the short-run Phillips curve.
◦ the short-run Phillips curve shifts to the right.
◦ the short-run Phillips curve shifts to the left.
◦ the long-run Phillips curve shifts to the right.


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Marked as best answer by silviawilliams41 on Apr 19, 2019

Sammyo

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silviawilliams41

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review


sailorcrescent

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

 

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