Which of the following best describes the short-run relationship between inflation (It) and unemployment (U), ceteris paribus? Select one: O a. U falls; It falls.
Which of the following best describes the short-run relationship between inflation (It) and unemployment (U), ceteris paribus? Select one: O a. U falls; It falls. O b. U is unchanged; It falls. O c. U is unchanged; It rises. O d. U rises; It rises. O e. None of the answers listed is correct
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