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Inflation is expected to be 2.2% over the next year. Which of the following scenarios would lead to higher unemployment according to the expectations-augmented Phillips
Inflation is expected to be 2.2% over the next year. Which of the following scenarios would lead to higher unemployment according to the expectations-augmented Phillips curve? Group of answer choices Inflation is higher than 2.2% Inflation is less than 2.2% Inflation is equal to 2.2%
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