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Description of the diagram is below the diagram. The diagram has unemployment on the horizontal axis and inflation on the vertical axis. There is a
Description of the diagram is below the diagram. The diagram has unemployment on the horizontal axis and inflation on the vertical axis. There is a place marked on the horizontal axis marked as UN and a vertical ling going straight up from that point. There is nothing else on the diagram. Group of answer choices When people have adaptive expectations. It never looks like this. When people always expect no inflation. When people have rational expectations
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