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According to the original Phillips curve, policymakers could q , unemployment at the cost of q , A . reduce; lower output B . reduce;

According to the original Phillips curve, policymakers could q, unemployment at the cost of q,
A. reduce; lower output
B. reduce; higher inflation
C. increase; higher inflation
D. increase; lower output
According to the expectations-augmented Phillips curve, in the long run, policymakers
A. can reduce the unemployment rate at the cost of lower output.
B. can reduce the inflation rate only by reducing the unemployment rate.
C. can reduce the unemployment rate at the cost of higher inflation.
D. cannot affect the unemployment rate.
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