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Unformatted text preview: nt of point A to point B is reversed.
Both points in part (c)(i) were lost because the student asserts that the short-run supply curve will shift to
the left, rather than to the right, in the long run. The point in part (c)(ii) was lost because there is no shift in
the Phillips curve. © 2009 The College Board. All rights reserved.
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