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    Principles of Macroeconomics Study Set 8
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    Exam 22: The Short Run Trade Off Between Inflation and Unemployment: Shifts in the Phillips Curve the Role of Expectations
  5. Question
    In Responding to the Phillips Curve Hypothesis,Friedman Argued That the Fed
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In Responding to the Phillips Curve Hypothesis,Friedman Argued That the Fed

Question 70

Question 70

Multiple Choice

In responding to the Phillips curve hypothesis,Friedman argued that the Fed can peg the


A) unemployment rate.
B) inflation rate.
C) growth rate of real national income.
D) All of the above are correct.

Correct Answer:

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