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Inflation and Unemployment Inflation and unemployment are the dual edges of theGDP sword.Address one, and the other will cut you. 2-3 paragraphs Assess the statement

Inflation and Unemployment

"Inflation and unemployment are the dual edges of theGDP sword.Address one, and the other will cut you."

2-3 paragraphs

Assess the statement above as it relates to economicgrowth and stability within an economy.
Do you agree with this statement? Why or why not?
Explain / demonstrate how the PhillipsCurve relates to this problem.
Explain the "mirror-like" relationship the AD/AS Curve has with the Phillips Curve.

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