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As Wages and Prices Become More Sticky ________

Question 27

Multiple Choice

As wages and prices become more sticky ________.


A) inflation becomes more responsive to unemployment deviations from the natural rate
B) wages become less responsive to unemployment deviations from the natural rate
C) it becomes more difficult to differentiate the short-run from the long-run Phillips curve
D) all of the above
E) none of the above

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