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In the 1960s,many economists and policy makers considered the trade-off between inflation and unemployment revealed in the Phillips curve to be permanent.This belief was challenged by ________,who argued that there is no trade-off between inflation and unemployment and the long run.
Compensated for Injury
Receiving payment or restitution for physical or psychological harm suffered due to another's negligence or wrongdoing.
Balance of Probabilities
The standard of proof in civil cases, where the likeliness of one's claim being true must be greater than 50%.
Prosecutor
An attorney or legal official who presents the case against an individual accused of breaking the law in a criminal trial.
Jurisdiction
The legal authority granted to a court to hear and decide cases within a specified geographic area or over certain types of legal cases.
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