At the Point Where Actual Inflation Is Equal to Expected

question 256

Multiple Choice

At the point where actual inflation is equal to expected inflation

• A)the short-run Phillips curve is the same as the long-run Phillips curve.
• B)the unemployment rate is zero.
• C)the short-run Phillips curve intersects the long-run Phillips curve.
• D)there is no short-run Phillips curve,as this situation only occurs in the long run.

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