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    Exam 14: Macroeconomic Policy: Challenges in a Global Economy
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    If Inflationary Expectations Fall
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If Inflationary Expectations Fall

Question 17

Question 17

Multiple Choice

If inflationary expectations fall


A) there is a movement down along the Phillips curve.
B) the Phillips curve shifts outward.
C) the Phillips curve shifts inward.
D) there is a movement up along the Phillips curve.

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