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ice5192 ice5192
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6 years ago
In the Basic New Keynesian model, the Phillips curve specifies that, when the anticipated future rate of inflation increases, inflation
A) increases more than one-for-one.
B) increases one-for-one.
C) increases less than one-for-one.
D) stays the same.
E) decreases.
Textbook 
Macroeconomics, Canadian Edition

Macroeconomics, Canadian Edition


Edition: 5th
Author:
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Blade73Blade73
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6 years ago
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