Multiple Choice
According to the short-run Phillips curve,if the central bank increases the money supply,then
A) inflation and unemployment will both fall.
B) inflation and unemployment will both rise.
C) inflation will fall and unemployment will rise.
D) inflation will rise and unemployment will fall.
Correct Answer:
Verified
Correct Answer:
Verified
Q4: Figure 35-4.The left-hand graph shows a short-run
Q5: The economist A.W.Phillips published a famous article
Q7: In his famous article published in an
Q8: Figure 35-2<br>Use the pair of diagrams below
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Q11: If the central bank decreases the money
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Q13: Figure 35-2<br>Use the pair of diagrams below
Q14: According to the short-run Phillips curve,inflation<br>A)and unemployment
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