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    Principles of Macroeconomics Study Set 8
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    Exam 22: The Short Run Trade Off Between Inflation and Unemployment: The Phillips Curve
  5. Question
    According to the Phillips Curve,policymakers Would Reduce Inflation but Raise
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According to the Phillips Curve,policymakers Would Reduce Inflation but Raise

Question 26

Question 26

Multiple Choice

According to the Phillips curve,policymakers would reduce inflation but raise unemployment if they


A) decreased the money supply.
B) increased government expenditures.
C) decreased taxes.
D) None of the above is correct.

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