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  3. Study Set
    Macroeconomics Study Set 2
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    Exam 18: Inflation, the Phillips Curve, and Central Bank Commitment
  5. Question
    The Phillips Curve Shifts Because
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The Phillips Curve Shifts Because

Question 11

Question 11

Multiple Choice

The Phillips curve shifts because


A) fiscal policy changes over time.
B) of total factor productivity shocks.
C) of economic development.
D) none of the above.

Correct Answer:

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