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Author Question: The short-run Phillips curve is drawn for a given expected inflation rate and so it shifts as ... (Read 92 times)

newbem

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on: Jun 30, 2018
The short-run Phillips curve is drawn for a given expected inflation rate and so it shifts as inflation expectations change.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

In its original form, the Phillips curve depicted a situation in which an economy could reduce its unemployment rate by holding the inflation rate steady.
 a. True
  b. False
  Indicate whether the statement is true or false


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tuwy

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Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

False


newbem

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

bimper21

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Reply 3 on: Yesterday
Wow, this really help

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