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    Exam 12: Monetary Policy and the Phillips Curve
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    The Structure of the Short-Run Model Is Best Described by Nominal
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The Structure of the Short-Run Model Is Best Described by Nominal

Question 47

Question 47

True/False

The structure of the short-run model is best described by Nominal interest rate →\rightarrow→ Real interest rate →\rightarrow→ Change in inflation.

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