Which of the following is held constant when moving along a short -run Phillipʹs curve?
A. the inflation rate
B. the unemployment rate
C. the expected inflation rate
D. the growth rate of the quantity of money
Answer:C
Which of the following is held constant when moving along a short -run Phillipʹs curve?
A. the inflation rate B. the unemployment rate C. the expected inflation rate D. the growth rate of the quantity of money