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24. In the Phillips curve, An, = VY, + 0, if vis large, then: a. price-setting behavior is completely insensitive to short-run fluctuations. b. price-setting
24. In the Phillips curve, An, = VY, + 0, if vis large, then: a. price-setting behavior is completely insensitive to short-run fluctuations. b. price-setting behavior is very insensitive to short-run fluctuations. C. inflation is not very sensitive to short-run fluctuations. d. price-setting behavior is very sensitive to short-run fluctuations. e. Not enough information is given
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Global Capitalism Its Fall And Rise In The Twentieth Century
Authors: Jeffry Frieden
1st Edition
039332981X, 9780393329810
