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Short Run Phillips Curve
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Short Run Phillips Curve
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21. Revisiting Inflation, Unemployment, and Policy / Short Run Phillips Curve / Problem 7
Problem 7
What does the short run Phillips Curve illustrate?
A
The direct relationship between GDP and inflation.
B
The relationship between interest rates and inflation.
C
The direct relationship between unemployment and GDP.
D
The inverse relationship between unemployment and inflation.
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