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Which of the following is a true statement? Group of answer choices There is a long-run tradeoff between inflation and unemployment. There is no tradeoff
Which of the following is a true statement?
Group of answer choices
There is a long-run tradeoff between inflation and unemployment.
There is no tradeoff between inflation and unemployment in the short-run.
The short-run Phillips Curve is horizontal.
The long-run Phillips Curve is vertical.
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