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In the Period 2011 Through 2015, as the Economy Slowly

Question 154

Multiple Choice

In the period 2011 through 2015, as the economy slowly mended, the economy experienced an ongoing pattern of falling inflation coinciding with falling unemployment.This suggests a


A) movement up and to the left along a stable Phillips curve.
B) movement down and to the right along a stable Phillips curve.
C) Phillips curve shifting to the right.
D) Phillips curve shifting to the left.

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