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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
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    If Policymakers Expand Aggregate Demand,then in the Long Run
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If Policymakers Expand Aggregate Demand,then in the Long Run

Question 71

Question 71

Multiple Choice

If policymakers expand aggregate demand,then in the long run


A) prices will be higher and unemployment will be lower.
B) prices will be higher and unemployment will be unchanged.
C) prices and unemployment will be unchanged.
D) None of the above is correct.

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