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According to the Philips Curve model, in the short-run, a decrease in the central bank's inflation target leads to an increase in unemployment for some
According to the Philips Curve model, in the short-run, a decrease in the central bank's inflation target leads to an increase in unemployment for some time. As to 'how much' unemployment is a controversial issue." Critically explain this statement
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International Business
Authors: Michael Czinkota, Iikka A. Ronkainen, Michael H. Moffett
8th edition
470530658, 470530650, 978-0470530658
