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    Macroeconomics Study Set 17
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    Exam 17: Inflation, Unemployment, and Federal Reserve Policy
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    If Workers Accurately Predict the Rate of Inflation,is There a Short-Run
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If Workers Accurately Predict the Rate of Inflation,is There a Short-Run

Question 156

Question 156

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If workers accurately predict the rate of inflation,is there a short-run trade-off between inflation and unemployment,as predicted by the Phillips curve? Why or why not?

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