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    Macroeconomics Study Set 47
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    Exam 8: The Phillips Curve, the Natural Rate of Unemployment and Inflation
  5. Question
    During Which Decade Did the Original Phillips Curve for Australia
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During Which Decade Did the Original Phillips Curve for Australia

Question 26

Question 26

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During which decade did the original Phillips curve for Australia break down? Also, briefly explain why the original Phillips curve broke down during this period?

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The original Phillips curve for Australi...

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