2. How does the expectations-augmented Phillips curve differ from the original Phillips curve? According to the theory
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2. How does the expectations-augmented Phillips curve differ from the original Phillips curve? According to the theory of the expectations-augmented Phillips curve, under what conditions should the short-run Phillips curve relationship appear in the data?
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Related Book For 
Macroeconomics
ISBN: 9781292446127
11th Edition
Authors: Andrew B. Abel, Ben S. Bernanke, Dean Croushore
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