***AP Macroeconomics & AP Microeconomics Thread 2015-2016***

czebos
Mon, 16 May 2016 11:21:28 +0000

The short run Philips curve shifts left(downward) because in the long run, aggregate supply will shift right to balance out the recession and Philips curve moves in opposition to the aggregate supply.

C) I) 900$
II) 1000$