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    Exam 14: Macroeconomic Policy: Challenges in a Global Economy
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    In the Augmented Model of the Phillips Curve, Which Factor
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In the Augmented Model of the Phillips Curve, Which Factor

Question 120

Question 120

Multiple Choice

In the augmented model of the Phillips curve, which factor does not affect inflation?


A) productivity growth
B) inflationary expectations
C) trade balance
D) initial location of the short-run Phillips curve

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