Multiple Choice
If a central bank increases the money supply growth rate,then in the short run
A) unemployment rises.In the long run the short-run Phillips curve shifts right.
B) unemployment rises.In the long run the short-run Phillips curve shifts left.
C) unemployment falls.In the long run the short-run Phillips curve shifts right.
D) unemployment falls.In the long run the short-run Phillips curve shifts left.
Correct Answer:

Verified
Correct Answer:
Verified
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