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  3. Study Set
    Principles of Macroeconomics Study Set 8
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    Exam 22: The Short Run Trade Off Between Inflation and Unemployment: Shifts in the Phillips Curve the Role of Supply Shocks
  5. Question
    If Policymakers Accommodate an Adverse Supply Shock,then in the Short
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If Policymakers Accommodate an Adverse Supply Shock,then in the Short

Question 53

Question 53

Multiple Choice

If policymakers accommodate an adverse supply shock,then in the short run the unemployment rate


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

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