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rachel3430 rachel3430
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5 years ago
According to the short-run Phillips curve, if unemployment is 2.4% and inflation is 3.7%, a decrease in the inflation rate might result in which of the following?
A) an increase in the unemployment rate to 3.4%
B) a decrease in the unemployment rate to 3.0%
C) a decrease in the demand for labor in the economy
D) Both A and C are coAnswer: swers.
Textbook 
InMacro

InMacro


Edition: 1st
Authors:
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Fg1988Fg1988
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Posts: 184
5 years ago
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rachel3430 Author
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5 years ago
Correct Slight Smile TY
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Just got PERFECT on my quiz
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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