An increase in the expected inflation rate, other things remaining the same, ________. A. Shifts the short-run
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An increase in the expected inflation rate, other things remaining the same, ________.
A. Shifts the short-run Phillips curve upward
B. Creates a movement up along the short-run Phillips curve
C. Decreases the natural unemployment rate and shifts the long-run Phillips curve leftward
D. Creates a movement up along the long-run Phillips curve with no change in the short-run Phillips curve
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