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The Moderate Monetarist Explanation of Stagflation Relies on Two Factors:______Phillips

Question 85

Multiple Choice

The moderate Monetarist explanation of stagflation relies on two factors:______Phillips curve loops and ______shifts of the Phillips curve.


A) anti- clockwise; rightward
B) anti- clockwise; leftward
C) clockwise; leftward
D) clockwise; rightward

Correct Answer:

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