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    Principles of Economics Study Set 8
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    Exam 35: The Short-Run Tradeoff Between Inflation and Unemployment
  5. Question
    The Analysis of Friedman and Phelps Argues That an Expected
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The Analysis of Friedman and Phelps Argues That an Expected

Question 152

Question 152

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The analysis of Friedman and Phelps argues that an expected change in inflation has no impact on the unemployment rate.

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