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    Principles of Macroeconomics Study Set 2
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    Exam 22: The Short-Run Trade-Off Between Inflation and Unemployment
  5. Question
    Phillips Found a Negative Relation Between
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Phillips Found a Negative Relation Between

Question 26

Question 26

Multiple Choice

Phillips found a negative relation between


A) output and unemployment.
B) output and employment.
C) wage inflation and unemployment.
D) None of the above is correct.

Correct Answer:

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