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According to Friedman and Phelps,policymakers Face a Tradeoff Between Inflation

Question 81

Multiple Choice

According to Friedman and Phelps,policymakers face a tradeoff between inflation and unemployment

A) only in the long run.
B) only in the short run.
C) in neither the long run nor short run.
D) in both the short run and long run.

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