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1- Please explain the meaning and the importance of Phillips Curve in macroeconomics. 2- Why might expansionary fiscal and monetary policies be useless in the

1- Please explain the meaning and the importance of Phillips Curve in macroeconomics.

2- Why might expansionary fiscal and monetary policies be useless in the long run?

please use information from Turker Economics Today and Mankiw principles of Economic. and provide references

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