In the Monetarist View,the Long-Run Phillips Curve Is

question 30

Multiple Choice

In the monetarist view,the long-run Phillips curve is

• A)horizontal.
• B)downward sloping.
• C)downward sloping but steeper than the short-run curve.
• D)downward sloping but flatter than the short-run curve.
• E)none of the above.

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