Question: 3 . An increase in expected inflation will shifta. the short - run Phillips curve downward.b . the short - run Phillips curve upward.c .

3. An increase in expected inflation will shifta. the short-run Phillips curve downward.b. the short-run Phillips curve upward.c. the long-run Phillips curve upward.d. the long-run Phillips curve downward.c. neither the short-run nor the long-fun Philips cune

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