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.
Correct Answer:

Verified
Correct Answer:
Verified
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