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    Macroeconomics Study Set 39
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    Exam 14: Aggregate Supply and the Short-Run Tradeoff Between Inflation and Unemployment
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    According to the Phillips Curve, Other Things Being Equal, Inflation
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According to the Phillips Curve, Other Things Being Equal, Inflation

Question 111

Question 111

Multiple Choice

According to the Phillips curve, other things being equal, inflation depends positively on:


A) expected inflation.
B) the unemployment rate.
C) the rate of technological change.
D) the quantities of capital and labor.

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