Multiple Choice
A movement to the right along a given short-run Phillips curve could be caused by
A) an increase in the natural rate of unemployment or expansionary monetary policy.
B) expansionary monetary policy,but not an increase in the natural rate of unemployment.
C) an increase in the natural rate of unemployment or a contractionary monetary policy.
D) contractionary monetary policy,but not an increase in the natural rate of unemployment.
Correct Answer:
Verified
Correct Answer:
Verified
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