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    Exam 12: The Business Cycle, Inflation, and Deflation
  5. Question
    The Position of the Long-Run Phillips Curve Is Determined by
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The Position of the Long-Run Phillips Curve Is Determined by

Question 204

Question 204

Multiple Choice

The position of the long-run Phillips curve is determined by


A) the quantity of money.
B) the natural unemployment rate.
C) the inflation rate.
D) the expected inflation rate.

Correct Answer:

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