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The Friedman Natural Rate Theory Implies That There Is a Tradeoff

Question 116

Multiple Choice

The Friedman natural rate theory implies that there is a tradeoff between inflation and unemployment in


A) neither the short run nor the long run.
B) both the short run and the long run.
C) the short run,but not in the long run.
D) the long run,but not in the short run.

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