In the short run, an increase in the money stock growth rate a. moves

In the short run, an increase in the money stock growth rate

a. moves the economy up the short-run Phillips curve.
b. moves the economy down the short-run Phillips curve.
c. shifts the short-run Phillips curve to the right.
d. results in a decline in the natural rate of unemployment and a rise in the inflation rate.
e. both b and d are correct.

 

ANSWER

B

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