icisdudley3699 icisdudley3699
  • 20-05-2022
  • Business
contestada

Which f the following would likely accompany economic growth

Respuesta :

nprocks958
nprocks958 nprocks958
  • 20-05-2022

Answer:

Higher inflation, lower unemployment

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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