New for Home Subject Outline Modules Question 26 1 pts The fattening of the Phillips curve Announcements Assignments Discussions eople molles a steeper short-run supply curve Implies a leftward shift of the long-run supply curve Implies flattening of the short-run supply curve Has no effect on the short-run supply curve arks Tch D Question 27 1 pts According to the New Keynesian theory The public have rational expectations but due to real shocks, output can be different from potential output The public have fixed expectations so output can be different from potential output The public have rational expectations so output cannot be different from potential output The public have rational expectations but due to wage and price rigidities, output can be different from potential output iscussions ople Question 28 1 pts kes The Neoclassical supply curve h is positively sloped Is horizontal at the clearing market price Is vertical at the potential output Is vertical at the real output