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    Principles of Economics Study Set 11
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    Exam 31: Monetary Policy
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    As Expected Inflation Decreases,the Short-Run Phillips Curve
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As Expected Inflation Decreases,the Short-Run Phillips Curve

Question 7

Question 7

Multiple Choice

As expected inflation decreases,the short-run Phillips curve


A) shifts to the left.
B) becomes flatter.
C) becomes steeper.
D) stays the same.
E) shifts to the right.

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