If peoples expectations of inflation didnt change, would the economy move from a short-run to a long-run

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If people’s expectations of inflation didn’t change, would the economy move from a short-run to a long-run Phillips curve?

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Macroeconomics

ISBN: 978-1259663048

10th edition

Authors: David C. Colander

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Question Posted: Dec 05, 2018 06:15 AM

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If peoples expectations of inflation didnt change, would the economy move from a short-run to a long-run

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No If inflation changes but expect...View the full answer

Macroeconomics

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