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Economics
MEDIUM
ENGLISH
Economics
An increase in expected inflation ?
A
shifts the short run Phillips curve downward and the unemployment inflation trade-off is less favorable.
Option A
B
shifts the short-run Phillips curve upward and the unemployment inflation trade-off is more favorable
Option B
C
Shift the short-run Phillips curve downward and the unemployment inflation trade-off is more favorable
Option C
Shifts the Short run Phillips curve upward and the unemployment inflation trade-off is less favorable
Correct answer
Correct answer: D
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