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  3. Study Set
    Principles of Macroeconomics Study Set 8
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    Exam 22: The Short Run Trade Off Between Inflation and Unemployment: Shifts in the Phillips Curve the Role of Expectations
  5. Question
    On a Given Short-Run Phillips Curve Which of the Following
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On a Given Short-Run Phillips Curve Which of the Following

Question 147

Question 147

Multiple Choice

On a given short-run Phillips curve which of the following is held constant?


A) the level of GDP
B) the unemployment rate
C) expected inflation
D) employment

Correct Answer:

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