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Which of the following would we NOT expect to see if monetary policy moved the economy upwards along a short-run Phillips curve? Select one: a.interest
Which of the following would we NOT expect to see if monetary policy moved the economy upwards along a short-run Phillips curve?
Select one:
a.interest rates have fallen
b.Doug makes larger price increases at his Donut Shop
c.Thelma's nominal wage increases at a faster rate
d.Bob gets more job offers
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