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During a Recession, There Is a ________ the Short-Run Phillips

Question 192

Multiple Choice

During a recession, there is a ________ the short-run Phillips curve, while during an expansion there is a ________ the short-run Phillips curve.


A) movement closer to; movement further from
B) downward movement along; upward movement along
C) upward movement along; downward movement along
D) rightward shift of; leftward shift of
E) leftward shift of; rightward shift of

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