How does an increase in the expected rate of inflation, Business Economics

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How does an increase in the expected rate of inflation

How does an increase in the expected rate of inflation shift the Phillips curves?

a. It shifts only the short-run Phillips curve to the right.

b. It shifts only the short-run Phillips curve to the left.

c. It shifts both the short-run and long-run Phillips curves to the right.

d. It shifts both the short-run and long-run Phillips curves to the left

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Business Economics: How does an increase in the expected rate of inflation

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Business Economics: How does an increase in the expected rate of inflation

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