An increase in the expected rate of inflation would
A) shift the short-run Phillips curve upward.
B) shift the short-run Phillips curve downward.
C) shift the long-run Phillips curve to the right.
D) shift the long-run Phillips curve to the left.
A
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A financial statement that sums up a firm's financial position on a particular day is
A) an equity report. B) a balance sheet. C) statement of cash flow. D) an income statement.
Today, Walt Disney World charges different customers different prices for admission. This pricing strategy is called
A) odd pricing. B) arbitrage. C) cost-price pricing. D) price discrimination.
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a. True b. False