Multiple Choice
Most economists today believe that the Phillips curve is
A) vertical in the short run but downward sloping in the long run.
B) upward sloping in the short run but vertical in the long run.
C) downward sloping in the short run but vertical in the long run.
D) vertical in the short run but upward sloping in the long run.
Correct Answer:
Verified
Correct Answer:
Verified
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