Multiple Choice
The original (1958) Phillips curve differed from the Samuelson-Solow Phillips curve in that
A) the former was based on American data,while the latter was based on British data.
B) the former measured price inflation rates,while the latter used wage inflation rates.
C) the former was based on British data,while the latter was based on American data.
D) the former measured nominal GDP,while the latter used Real GDP.
E) a and b
Correct Answer:
Verified
Correct Answer:
Verified
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