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    Principles of Macroeconomics Study Set 8
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    Exam 22: The Short Run Trade Off Between Inflation and Unemployment: The Phillips Curve
  5. Question
    Unemployment Would Decrease and Prices Would Increase If
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Unemployment Would Decrease and Prices Would Increase If

Question 65

Question 65

Multiple Choice

Unemployment would decrease and prices would increase if


A) aggregate demand shifted right.
B) aggregate demand shifted left.
C) aggregate supply shifted right.
D) aggregate supply shifted left.

Correct Answer:

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