Under what circumstances might it be possible to reduce inflation without causing a recession?

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Macroeconomics

ISBN: 978-1464168505

5th Canadian Edition

Authors: N. Gregory Mankiw, William M. Scarth

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Question Posted: Dec 31, 2015 01:38 AM

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Under what circumstances might it be possible to reduce inflation without causing a recession?

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The Phillips curve relates the inflation rate to the expected inflation rate and to the dif...View the full answer

Macroeconomics

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