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In 2047, the inflation rate in Germany was 2%, and short-run output was 0%. In 2048, the inflation rate was 3%, and short-run output was
In 2047, the inflation rate in Germany was 2%, and short-run output was 0%. In 2048, the inflation rate was 3%, and short-run output was 1%. In 2049, the inflation rate was 4%, and short-run output was 4%. Is this information proof that , the slope of the Phillips curve changed in 2049 compared to what it was in 2048? True O False
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