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Inflation is expected to be 1.8% over the next year. Which of the following scenarios would lead to lower unemployment according to the expectations-augmented Phillips
Inflation is expected to be 1.8% over the next year. Which of the following scenarios would lead to lower unemployment according to the expectations-augmented Phillips curve? Group of answer choices Inflation is higher than 1.8% Inflation is less than 1.8% Inflation is equal to 1.8%
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