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    Macroeconomics Study Set 17
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    Exam 17: Inflation, Unemployment, and Federal Reserve Policy
  5. Question
    The Long-Run Phillips Curve Is ________ Than the Short-Run Phillips
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The Long-Run Phillips Curve Is ________ Than the Short-Run Phillips

Question 221

Question 221

Multiple Choice

The long-run Phillips curve is ________ than the short-run Phillips curve.


A) flatter
B) steeper
C) less stable
D) more volatile

Correct Answer:

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