The shortminus−run Phillips curve shifts when:

A. the actual unemployment rate changes and also when the expected unemployment rate changes.
B. the actual inflation rate changes and also when the expected inflation rate changes.
C. the natural unemployment rate changes and also when the expected inflation rate changes.
D. the expected unemployment rate changes and also when the expected inflation rate changes.
E. the inflation rate increases and also when the unemployment rate decreases.

Question

28-06-2024
Business

Answered

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The shortminus−run Phillips curve shifts when:

A. the actual unemployment rate changes and also when the expected unemployment rate changes.
B. the actual inflation rate changes and also when the expected inflation rate changes.
C. the natural unemployment rate changes and also when the expected inflation rate changes.
D. the expected unemployment rate changes and also when the expected inflation rate changes.
E. the inflation rate increases and also when the unemployment rate decreases.

Sagot :

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