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Along the Long-Run Phillips Curve the Unemployment Rate ________ and the Inflation

Question 121

Multiple Choice

Along the long-run Phillips curve the unemployment rate ________ and the inflation rate ________.


A) is equal to the natural unemployment rate; can be any value
B) can be any value; is equal to the natural inflation rate
C) is equal to the natural unemployment rate; is equal to the natural inflation rate
D) can be any value; can be any value
E) None of the above answers is correct.

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