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The traditional short-run Phillips curve implies that A. a central bank can reduce unemployment by decreasing the rate of inflation. B. a central bank can
The traditional short-run Phillips curve implies that A. a central bank can reduce unemployment by decreasing the rate of inflation. B. a central bank can reduce unemployment by increasing the rate of inflation. C. a central bank can reduce unemployment by holding the inflation rate steady. D. the natural rate of unemployment is more or less fixed. E. there is no such thing as the natural rate of unemployment
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