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    Macroeconomics for Today
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    Exam 17: The Phillips Curve and Expectations Theory
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    In the United States, the Phillips Curve in the 1960s
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In the United States, the Phillips Curve in the 1960s

Question 114

Question 114

Multiple Choice

In the United States, the Phillips curve in the 1960s:


A) shifted upward dramatically.
B) shifted upward moderately.
C) remained stable.
D) shifted downward moderately.
E) shifted downward dramatically.

Correct Answer:

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