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Phillips curve is: Group of answer choices A)A curve that represents Federal Reserve monetary policy. B)A curve that shows the combinations of the real interest
Phillips curve is: Group of answer choices A)A curve that represents Federal Reserve monetary policy. B)A curve that shows the combinations of the real interest rate and aggregate output that represent equilibrium in the market for goods and services. C)A curve that shows the combinations of the real interest rate and aggregate output that represent equilibrium in the market for money. D)A curve showing the short-run relationship between the output gap (or the unemployment rate) and the inflation rate.
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