A "Long-Run Exploitable Phillips Curve" Refers to a Phillips Curve

question 65

Multiple Choice

A "long-run exploitable Phillips curve" refers to a Phillips curve that in the long run is ________ rather than ________.

• A)vertical; horizontal
• B)upward sloping; vertical
• C)horizontal; upward sloping
• D)downward sloping; vertical

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Definitions:

Continue

To proceed with an action or process without interruption.

Suffix

A morpheme added at the end of a word to alter its meaning or form a new word, typically indicating grammatical features like tense, case, voice, aspect, person, number, gender, and mood.

File

A collection of data or information that has a name, called a filename, and is stored on a computer or similar device.

Suffix

A morpheme that is attached to the end of a word to create a derivative or alter its grammatical role.