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When the Economy Responds to a Supply Shock,there Is ________

Question 36

Multiple Choice

When the economy responds to a supply shock,there is ________ in the short run and ________ in the long run between inflation and unemployment


A) an inverse relationship; no trade-off
B) no trade-off; an inverse relationship
C) an inverse relationship; an inverse relationship
D) no trade-off; no trade-off

Correct Answer:

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