Draw an example of a Phillips curve and a labor market Phillips curve. Explain how they summarize

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Draw an example of a Phillips curve and a labor market Phillips curve. Explain how they summarize the exact same idea while using different measures of excess demand.

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Related Book For  book-img-for-question

Principles Of Economics

ISBN: 9781319330156,9781319419769

2nd Edition

Authors: Betsey Stevenson, Justin Wolfers

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