The Implication of the Long-Run Phillips Curve Is That There

question 143

True/False

The implication of the long-run Phillips Curve is that there is no trade-off between inflation and
unemployment in the long-run.

---

Definitions:

Organizations

Groups or institutions wherein multiple individuals work together to achieve common goals or undertake specific tasks.

Trade Agreement

An agreement between two or more nations regarding the conditions of trade between them.

Canada Proud

A specific reference, potentially associated with expressions of national pride or social movements aimed at promoting Canada's culture, values, and interests.