Fed begins shifting the ad curve rightward at a faster rate

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Reference no: EM13699024

If the fed begins shifting the ad curve rightward at a faster rate than in the past, the short-run effect is a

a. movement rightward along the Phillips curve

b. movement leftward along the Phillips curve

c. downward shift of the Phillips curve

d. leftward shift of the ad curve

e. downward shift of the as curve

Reference no: EM13699024

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