Either supply shocks or adjusting inflation expectations can shift the short run Phillips curve
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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The production of a certain fertilizer emits a gas that keeps away mosquitoes and other insects from the surrounding community. This is an example of a ________
A) positive externality B) negative externality C) pecuniary externality D) comparative externality
Economics
In the figure above, a factor that could cause the supply of bonds to shift to the right is
A) a decrease in government budget deficits. B) a decrease in expected inflation. C) a recession. D) a business cycle expansion.
Economics