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  3. Study Set
    Principles of Economics Study Set 8
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    Exam 35: The Short-Run Tradeoff Between Inflation and Unemployment
  5. Question
    ​If Expected Inflation Increases, the Short-Run Phillips Curve Will Shift
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​If Expected Inflation Increases, the Short-Run Phillips Curve Will Shift

Question 210

Question 210

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​If expected inflation increases, the short-run Phillips curve will shift to the left so that inflation will be higher at any given unemployment rate.

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