An increase in expected inflation shifts
a. the long-run Phillips curve right.
b. the short-run Phillips curve right.
c. neither the short-run nor long-run Phillips curve right.
d. both the short-run and long-run Phillips curve right.
b
Economics
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An upward spiral of protectionism is a possible outcome of strategic trade policy
a. True b. False Indicate whether the statement is true or false
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Refer to the graphs shown. Assume the graph reflects demand in the egg market. Which arrow best captures the impact of increased consumer concern about cholesterol on the egg market? 
A. A B. B C. C D. D
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