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  3. Study Set
    Principles of Economics Study Set 8
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    Exam 35: The Short-Run Tradeoff Between Inflation and Unemployment
  5. Question
    According to the Friedman-Phelps Analysis, in the Long Run Actual
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According to the Friedman-Phelps Analysis, in the Long Run Actual

Question 134

Question 134

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According to the Friedman-Phelps analysis, in the long run actual inflation equals expected inflation and unemployment is at its natural rate.

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