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Long Run Phillips Curve
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Problem 10
Long Run Phillips Curve
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20. Tradeoffs Between Inflation and Unemployment / Long Run Phillips Curve / Problem 5
Problem 5
Which of the following best describes NAIRU?
A
The unemployment rate at which inflation accelerates.
B
The unemployment rate at which GDP is maximized.
C
The unemployment rate at which inflation is stable.
D
The unemployment rate at which deflation occurs.
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