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If a Phillips curve shows that unemployment is high and inflation is low in the economy, then that economy: Question 6 options: is producing at
If a Phillips curve shows that unemployment is high and inflation is low in the economy, then that economy: Question 6 options: is producing at a point where output is more than potential GDP. is producing at its potential GDP. is producing at its equilibrium point. is producing at a point where output is less than potential GDP
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