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3- Contractionary Policy LEARNING OBJECTIVE: Determine key characteristics associated with contractionary policy. The Phillips curve shows the trade-off between ( a.) inflation and unemployment b.)
3- Contractionary Policy LEARNING OBJECTIVE: Determine key characteristics associated with contractionary policy. The Phillips curve shows the trade-off between ( a.) inflation and unemployment b.) price level and GDP <) tax rates and government revenue d.) natural and cyclical unemployment
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Economic Issues and Policy
Authors: Jacqueline murray brux
6th edition
9781337001977, 1285448774, 133700197X, 978-1285448770
