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    Macroeconomics Study Set 67
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    Exam 3: Business Cycle Measurement
  5. Question
    The Phillips Curve Shows the Relationship Between
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The Phillips Curve Shows the Relationship Between

Question 3

Question 3

Multiple Choice

The Phillips curve shows the relationship between


A) lagging an leading variables.
B) money prices and aggregate economic activity.
C) real and nominal interest rates.
D) procyclical and countercyclical variables.
E) real and nominal GDP.

Correct Answer:

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