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vellojo vellojo
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7 years ago
The short-run Phillips curve shows
A) a direct relationship between the price level and real GDP.
B) an inverse relationship between the unemployment rate and the inflation rate.
C) a direct relationship between the quantity of money and interest rates.
D) an inverse relationship between interest rates and the price level.
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Studying economics @ Edinburgh U
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Answer verified by a subject expert
yaderayadera
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Posts: 492
7 years ago
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vellojo Author
wrote...
7 years ago
Thank you for this

Comes at the right time too!

Good luck on your exams
Studying economics @ Edinburgh U
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