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    Exam 35: The Short-Run Trade-Off Between Inflation and Unemployment
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    In Moving Along a Short-Run Phillips Curve We Are Holding
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In Moving Along a Short-Run Phillips Curve We Are Holding

Question 25

Question 25

Multiple Choice

In moving along a short-run Phillips curve we are holding which of the following constant?


A) The level of GDP.
B) The actual inflation rate.
C) The expected inflation rate.
D) Employment.

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