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14 August, 18:15

Which of the following is a true statement?

Select one:

a. There is a long-run trade-off between inflation and unemployment.

b. The short-run Phillips Curve is horizontal.

Ć There is no trade-off between inflation and unemployment in the long run.

d. The long-run Phillips Curve is horizontal

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Answers (1)
  1. 14 August, 18:19
    0
    C is the correct answer
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