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    Exam 10: Output,inflation,and Unemployment: Alternative Views
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    The Short-Run Phillips Curve Shifts Upward Whenever
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The Short-Run Phillips Curve Shifts Upward Whenever

Question 11

Question 11

Multiple Choice

The short-run Phillips curve shifts upward whenever:


A) inflation rises.
B) a negative supply shock occurs.
C) unemployment rises.
D) all of the above.

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