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Author Question: Refer to Figure 28-8. A typical long-run Phillips curve would have the appearance of a curve running ... (Read 109 times)

SAVANNAHHOOPER23

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on: Jun 29, 2018
Refer to Figure 28-8. A typical long-run Phillips curve would have the appearance of a curve running through points
 
  A) A and B. B) A and C. C) B and C. D) A, B, and C.

Question 2

At the beginning of the recession of 2007-2009, real GDP in the United States was ________ potential GDP, and in June 2009, real GDP was ________ potential GDP.
 
  A) below; below B) above; below C) below; above D) above; above


Dnite

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


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