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Today is 8/13/2022. The current unemployment rate in the United States is 3.5% (BLS, 2022) and the inflation rate is 8.5% (BLS, 2022). Does this

Today is 8/13/2022. The current unemployment rate in the United States is 3.5% (BLS, 2022) and the inflation rate is 8.5% (BLS, 2022). Does this make the Phillips curve true?

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