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Phillips Curve practice. Unit 5.2 Name 1. Draw a correctly and fully labeled Phillip graph showing long run and short run. 2. A rightward shift

Phillips Curve practice. Unit 5.2 Name 1. Draw a correctly and fully labeled Phillip graph showing long run and short run. 2. A rightward shift in AD will cause what to happen on Phillips curve? 3. A rightward shift in AS will cause what to happen on the Phillips curve? 4. The natural rate of unemployment is generally assumed to be 5. The ination rate is generally assumed to be

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