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Most Economists Think That, in the Short Run, There Is

Question 123

Multiple Choice

Most economists think that, in the short run, there is


A) a trade-off between inflation and unemployment, but not in the long run.
B) no trade-off between inflation and unemployment, nor is there one in the long run.
C) a trade-off between inflation and unemployment, and in the long run also.
D) no trade-off between inflation and unemployment, but there is one in the long run also.

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