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    Macroeconomics Study Set 17
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    Exam 17: Inflation, Unemployment, and Federal Reserve Policy
  5. Question
    In the Long Run,the Phillips Curve Is a ________ at ________
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In the Long Run,the Phillips Curve Is a ________ at ________

Question 81

Question 81

Multiple Choice

In the long run,the Phillips curve is a ________ at ________.


A) horizontal line; 0% inflation
B) negatively sloped line; the intersection of aggregate demand and short-run aggregate supply
C) vertical line; the natural rate of unemployment
D) None of the above is correct.

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