Discuss the relationship between output gaps and inflation. How is this relationship captured in the AS curve?

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Principles of Economics

ISBN: 978-0073511405

5th edition

Authors: Robert Frank, Ben Bernanke

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Question Posted: Dec 12, 2015 04:39 AM

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Discuss the relationship between output gaps and inflation. How is this relationship captured in the AS curve?

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Aggregate supply AS curve shows the relationship b...View the full answer

Principles of Economics

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