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If, in the long run, real GDP returns to its potential level, then in the long run, Part 2 A. the Phillips curve is vertical.
If, in the long run, real GDP returns to its potential level, then in the long run, Part 2 A. the Phillips curve is vertical. B. the Phillips curve disappears. C. the Phillips curve represents a structural relationship. D. the Phillips curve is upward sloping
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Macroeconomics Principles And Policy
Authors: William J. Baumol, Alan S. Blinder
11th Edition
0324586213, 978-0324586213
