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An increase in government spending shifts the AD curve to the right. As a result, in the short-run: Select one: a.there will be a shift

An increase in government spending shifts theADcurve to the right. As a result, in the short-run:

Select one:

a.there will be a shift to the left of the short-run Phillips curve with lower inflation and unemployment

b.there will be an upward movement along the short-run Phillips curve as inflation rises and unemployment falls

c.there will be a shift to the right of the short-run Phillips curve with higher inflation and unemployment

d.there will be a downward movement along the short-run Phillips curve as inflation falls and unemployment rises

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