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    Macroeconomics Study Set 26
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    Exam 12: Monetary Policy and the Phillips Curve
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    In the Phillips Curve
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In the Phillips Curve

Question 90

Question 90

Multiple Choice

In the Phillips curve In the Phillips curve     Is: A) a demand shock. B) an inflation shock. C) a measure of the sensitivity of inflation to demand conditions. D) a permanent price trend. E) fiscal policy shock.
In the Phillips curve     Is: A) a demand shock. B) an inflation shock. C) a measure of the sensitivity of inflation to demand conditions. D) a permanent price trend. E) fiscal policy shock.
Is:


A) a demand shock.
B) an inflation shock.
C) a measure of the sensitivity of inflation to demand conditions.
D) a permanent price trend.
E) fiscal policy shock.

Correct Answer:

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