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    Exam 1: Macroeconomic Concepts and Policies
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    The Phillips Curve Implied That There Was a Trade- Off
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The Phillips Curve Implied That There Was a Trade- Off

Question 10

Question 10

Multiple Choice

The Phillips curve implied that there was a trade- off available to governments between:


A) The price level and unemployment
B) The price level and employment
C) Out put and employment
D) Inflation and unemploymen t

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