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    Exam 34: Inflation, Deflation, and Macro Policy
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    The Slope of the Long-Run Phillips Curve Is Thought by Many
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The Slope of the Long-Run Phillips Curve Is Thought by Many

Question 114

Question 114

Multiple Choice

The slope of the long-run Phillips curve is thought by many economists to be:


A) horizontal.
B) vertical.
C) downward sloping.
D) backward bending.

Correct Answer:

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