Multiple Choice
Which of the following hypotheses is supported by the economic experience of Canada during the late 1960s and early 1970s?
A) Inflation and unemployment are negatively correlated.
B) Inflation and unemployment are related in the short run.
C) Inflation and unemployment are related in the long run.
D) Inflation and unemployment are positively correlated.
Correct Answer:
Verified
Correct Answer:
Verified
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