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    Economics-Macroeconomics
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    Exam 12: The Business Cycle, Inflation, and Deflation
  5. Question
    When the Expected Inflation Rate Changes, What Happens to the Short-Run
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When the Expected Inflation Rate Changes, What Happens to the Short-Run

Question 184

Question 184

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When the expected inflation rate changes, what happens to the short-run Phillips curve? To the long-run Phillips curve?

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