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If the Fed Wants to Move the Economy Up and to the Left

Question 3

Multiple Choice

If the Fed wants to move the economy up and to the left along the Phillips curve,what must it do?


A) Increase the rate at which the aggregate supply curve shifts upward
B) Decrease the rate at which the aggregate demand curve shifts rightward
C) Increase the rate at which the aggregate demand curve shifts rightward
D) Increase the rate at which the aggregate demand curve shifts leftward
E) Decrease the rate at which the aggregate supply curve shifts upward.

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