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    Exam 18: Monetary Theory Ii: the Is-Mp Model
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    The Relationship Between the Output Gap and the Cyclical Rate
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The Relationship Between the Output Gap and the Cyclical Rate

Question 9

Question 9

Multiple Choice

The relationship between the output gap and the cyclical rate of unemployment is known as


A) the Phillips curve.
B) the LM curve.
C) Murphy's law.
D) Okun's law.

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