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    Principles of Macroeconomics
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    Exam 17: The Short-Run Tradeoff Between Inflation and Unemployment
  5. Question
    The Analysis of Friedman and Phelps Argues That Any Change
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The Analysis of Friedman and Phelps Argues That Any Change

Question 24

Question 24

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The analysis of Friedman and Phelps argues that any change in inflation that is expected has no impact on the unemployment rate.

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