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In the Phillips Curve Δπt=vY~t+aˉ,aˉ\Delta \pi _ { t } = \overline { \boldsymbol { v } } \tilde { Y } _ { t } + \bar { a } , \bar { a }

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In the Phillips curve, Δπt=vY~t+aˉ,aˉ\Delta \pi _ { t } = \overline { \boldsymbol { v } } \tilde { Y } _ { t } + \bar { a } , \bar { a }
represents a change in government spending.

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