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    Economics Study Set 8
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    Exam 34: Inflation, Deflation, and Macro Policy
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    The Short-Run Phillips Curve Differs from the Long-Run Phillips Curve
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The Short-Run Phillips Curve Differs from the Long-Run Phillips Curve

Question 63

Question 63

Multiple Choice

The short-run Phillips curve differs from the long-run Phillips curve with regard to the way:


A) expected inflation is treated.
B) wages are treated.
C) prices are treated.
D) unemployment is treated.

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