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    Macroeconomics Study Set 9
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    Exam 11: The Is-Mp Model: Adding Inflation and the Open Economy
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    A Phillips Curve Shows the Short-Run Relationship Between
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A Phillips Curve Shows the Short-Run Relationship Between

Question 67

Question 67

Multiple Choice

A Phillips curve shows the short-run relationship between


A) potential GDP and real GDP.
B) the nominal interest rate and the real interest rate.
C) tax rates and tax revenues.
D) the unemployment rate and the inflation rate.

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