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6 votes
Which f the following would likely accompany economic growth

1 Answer

6 votes

Answer:

Higher inflation, lower unemployment

Step-by-step explanation:

There are no answer choices but in general, if there is economic growth, the LRAS curve (vertical) shifts right, and higher economic growth means more people become employed. Relating that to the phillips curve, lower unemployment will move up the curve to higher inflation.

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User Maxime Rouiller
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