If a central bank increases the money supply growth rate, then in the short run

a. unemployment rises. In the long run the short-run Phillips curve shifts right.
b. unemployment rises. In the long run the short-run Phillips curve shifts left.
c. unemployment falls. In the long run the short-run Phillips curve shifts right.
d. unemployment falls. In the long run the short-run Phillips curve shifts left.


c

Economics

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b. an increase in domestic production. c. increases in the prices of exports. d. an increase in domestic consumption.

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