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johnpaul92 johnpaul92
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8 years ago
Friedman and Phelps suggested that there should not be a stable relationship between inflation and unemployment, but there should be a stable relationship between
A) anticipated inflation and cyclical unemployment.
B) anticipated inflation and frictional unemployment.
C) unanticipated inflation and cyclical unemployment.
D) unanticipated inflation and frictional unemployment.
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
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wrote...
8 years ago
C.
johnpaul92 Author
wrote...
8 years ago
This is incredible, wasn't expecting anyone to answer this one
wrote...
8 years ago
You're welcome, happy to help Slight Smile
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