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  3. Study Set
    Principles of Macroeconomics
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    Exam 16: Inflation and Unemployment
  5. Question
    A Phillips Phase of the Inflation-Unemployment Relationship Occurs When Both
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A Phillips Phase of the Inflation-Unemployment Relationship Occurs When Both

Question 24

Question 24

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A Phillips phase of the inflation-unemployment relationship occurs when both inflation and unemployment increase.

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