2. The short-run Phillips curve shows a relationship between . a. negative; the aggregate price level and

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2. The short-run Phillips curve shows a relationship between .

a. negative; the aggregate price level and aggregate output

b. positive; the aggregate price level and aggregate output

c. negative; unemployment and inflation

d. positive; unemployment and aggregate output

e. positive; unemployment and the aggregate price level

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Macroeconomics In Modules

ISBN: 978-1464139055

3rd Edition

Authors: Paul Krugman ,Robin Wells

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