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In the 1960s,advocates of the Phillips Curve Suggested ________

Question 53

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In the 1960s,advocates of the Phillips curve suggested ________.


A) an "optimal" goal of 1% unemployment and 1% to 2% inflation rates could be achieved
B) a "realistic" goal of 7% unemployment and 6% to 7% inflation rates could be achieved
C) a "nonperfectionist" goal of 3% unemployment and 4% to 5% inflation rates could be achieved
D) all of the above
E) none of the above

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