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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
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    If Consumption Expenditures Fall,then in the Short Run
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If Consumption Expenditures Fall,then in the Short Run

Question 40

Question 40

Multiple Choice

If consumption expenditures fall,then in the short run


A) inflation and unemployment rise.
B) inflation rises and unemployment falls.
C) inflation falls and unemployment rises.
D) inflation and unemployment fall.

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