Engineering
Engineering, 08.04.2020 17:27, sloane50

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.

answer
Answers: 3

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

the short-run P...

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