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If an Economy Moves to a Point That Is Further

Question 39

Multiple Choice

If an economy moves to a point that is further to the right on a short- run Phillips curve, this point is consistent with


A) an increase in aggregate demand and no change in aggregate supply.
B) a decrease in aggregate demand and no change in aggregate supply.
C) no change in aggregate demand and a decrease in aggregate supply.
D) no change in aggregate demand and an increase in aggregate supply.

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