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According to the Expectations-Augmented Phillips Curve Model,a(n)___________ Revision of the Public's

Question 118

Multiple Choice

According to the expectations-augmented Phillips curve model,a(n) ___________ revision of the public's expectation of inflation will result in a(n) ___________ shift in the ___________ Phillips curve.


A) upward;upward;long run
B) downward;downward;short run
C) downward;upward;short run
D) upward;downward;long run
E) upward;downward;short-run

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