Theshort run c phillipscurveshiftstotheright theshort

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Unformatted text preview: wer: C Diff: 3 Topic: The Short-Run Relationship Between the Unemployment Rate and Inflation Skill: Analytic AACSB: Analytic Skills 20) Refer to 14.7. Which combinations of events could move the economy from Point A to Point C, and then from Figure Point C to Point D? A) a contractionary fiscal policy followed by a leftward shift in the AS curve B) a contractionary fiscal policy followed by a rightward shift in the AS curve C) an expansionary fiscal policy followed by a leftward shift in the AS curve D) an expansionary fiscal policy followed by a rightward shift in the AS curve Answer: C Diff: 3 Topic: The Short-Run Relationship Between the Unemployment Rate and Inflation Skill: Analytic AACSB: Analytic Skills 21) Refer to 14.7. Which combinations of events could move the economy from Point A to Point B, and then from Figure Point B to Point E? A) a contractionary monetary policy followed by a leftward shift in the AS curve B) a contractionary monetary policy followed by a rightward shift in the AS cur...
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This note was uploaded on 06/02/2013 for the course ECON 130 taught by Professor Meshew during the Fall '13 term at Victoria Wellington.

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