Examlex

Solved

-Comparing the Short-Run Phillips Curve and the Long-Run Phillips Curve

question 23

Multiple Choice

  -Comparing the short-run Phillips curve and the long-run Phillips curve, we see that there is A)  only a long-run tradeoff between inflation and unemployment but not a short-run tradeoff. B)  no relationship between the two curves. C)  only a short-run tradeoff between inflation and unemployment but not a long-run tradeoff. D)  no tradeoff in either curve. E)  a tradeoff in both curves.
-Comparing the short-run Phillips curve and the long-run Phillips curve, we see that there is


Definitions:

Related Questions