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    Macroeconomics Policy and Practice
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    Exam 11: Aggregate Supply and the Phillips Curve
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    Which of the Following Shows a Negative Relationship Between the Output
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Which of the Following Shows a Negative Relationship Between the Output

Question 23

Question 23

Multiple Choice

Which of the following shows a negative relationship between the output and unemployment gaps?


A) the AS curve
B) the Phillips curve
C) Okun's law
D) the classical dichotomy
E) none of the above

Correct Answer:

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