What is true about movement along the aggregate supply curve in the short run? There is an
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Question:
What is true about movement along the aggregate supply curve in the short run?
There is an inverse relationship between inflation and the unemployment rate.
There is no direct relationship between inflation and the unemployment rate.
There is a positive relationship between inflation and the unemployment rate.
An increase in inflation creates a demand shock that in turn increases the unemployment rate.
There is an inverse relationship between the general price level and the wage rate.
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