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    Foundations of Macroeconomics Study Set 1
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    Exam 15: The Short-Run Policy Tradeoff
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    The Short-Run Phillips Curve Is
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The Short-Run Phillips Curve Is

Question 45

Question 45

Multiple Choice

The short-run Phillips curve is


A) downward sloping.
B) upward sloping.
C) vertical at a constant rate of unemployment.
D) horizontal at a constant rate of inflation.
E) U-shaped.

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