The Slope of the Short-Run Phillips Curve Is Consistent With

question 34

Multiple Choice

The slope of the short-run Phillips curve is consistent with:

• A)the long-run tradeoff between the unemployment rate and inflation.
• B)the long-run tradeoff between inflation and GDP.
• C)the short-run tradeoff between the money supply and interest rates.
• D)the short-run tradeoff between business productivity and wage contracts.
• E)the short-run tradeoff between the unemployment rate and inflation.

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