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8 years ago
If the Phillips curve aids in forecasting inflation then
A) the Phillips curve is upward-sloping.
B) forecast errors from an alternative forecasting procedure should not be correlated with output fluctuations.
C) the Phillips curve is downward-sloping.
D) there should be no correlation between forecast errors from an alternative forecasting procedure and output fluctuations.
Textbook 
Macroeconomics

Macroeconomics


Edition: 5th
Author:
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GordisGordis
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