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The Long-Run Phillips Curve Has ________ on the X Axis

Question 146

Multiple Choice

The long-run Phillips curve has ________ on the x axis and ________ on the y axis.


A) unemployment; inflation
B) inflation; unemployment
C) real gross domestic product (GDP) ; price level
D) price level; real gross domestic product (GDP)
E) real gross domestic product (GDP) ; inflation

Correct Answer:

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