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Refer to Figure 3 5 - 6 . Curve 2 is the . long - run Phillips curve. b . long - run aggregate demand

Refer to Figure

35 - 6 .

Curve

2

is the

.

long

-

run Phillips curve. b

.

long

-

run aggregate demand curve. short

-

run aggregate demand curve. d

.

short

-

run Phillips curve

.

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