1. The long-run Phillips curve is I. the same as the short-run Phillips curve. II. vertical. III....

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1. The long-run Phillips curve is I. the same as the short-run Phillips curve.

II. vertical.

III. the short-run Phillips curve plus expected inflation.

a. I only

b. II only

c. III only

d. I and II only

e. I, II, and III

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Macroeconomics In Modules

ISBN: 978-1464139055

3rd Edition

Authors: Paul Krugman ,Robin Wells

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Question Posted: Oct 16, 2024 11:00 AM

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1. The long-run Phillips curve is I. the same as the short-run Phillips curve. II. vertical. III....

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Macroeconomics In Modules

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