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The Short-Run Phillips Curve Is a Curve That Shows the Relationship

Question 75

Multiple Choice

The short-run Phillips curve is a curve that shows the relationship, other things being constant, between ________ and ________.


A) the inflation rate; the unemployment rate
B) the unemployment rate; real GDP
C) potential GDP; the natural unemployment rate
D) the inflation rate; the expected inflation rate
E) the inflation rate; the nominal interest rate

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