Multiple Choice
In the long run,an increase in the money supply growth rate
A) shifts both the long-run and the short-run Phillips curves right.
B) shifts the long-run Phillips curve left and the short-run Phillips curve right.
C) shifts the long-run Phillips curve right and the short-run Phillips curve left.
D) None of the above is correct.
Correct Answer:

Verified
Correct Answer:
Verified
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