Engineering, 17.03.2020 22:03, wcraig1998

If Congress engages in contractionary fiscal policy, we can expect that

the short-run Phillips curve will shift left.
the short-run Phillips curve will shift right.
the long-run Phillips curve will shift right.
there will be a movement to the right along the short-run Phillips curve.
there will be a movement to the left along the short-run Phillips curve.

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If Congress engages in contractionary fiscal policy, we can expect that

the short-run P...