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-Use the above figure. The long-run Phillips curve is best depicted by graph
Credit Rating
An assessment of the creditworthiness of a borrower in terms of their ability to repay a loan or debt.
Interest Rate
The percentage of principal charged by the lender for the use of its money or the return earned on deposited funds.
Municipal Bonds
Debt securities issued by municipalities to finance public projects, such as building schools or highways, generally offering tax-exempt interest payments to investors.
Tax Advantage
Financial benefits that accrue due to preferential tax treatment of certain investments or transactions.
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