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Select ALL the CORRECT answers. A decrease in the central bank's inflation aversion... U ... means that the central bank will not respond to inflation

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Select ALL the CORRECT answers. A decrease in the central bank's inflation aversion... U ... means that the central bank will not respond to inflation shocks that shift the Phillips Curve (PC) affecting the economy. ... will make the Monetary Rule (MR) steeper. ... will shift the Monetary Rule (MR) downwards to reflect the new central bank's preference. ... does not affect the slope of the Phillips Curve (PC)

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