The Relationship Between Short-Run Aggregate Supply Curves and Phillips Curves

question 71

Multiple Choice

The relationship between short-run aggregate supply curves and Phillips curves is that there:

• A) is no relationship between short-run aggregate supply curves and Phillips curves.
• B) are several short-run aggregate supply curves for each Phillips curve.
• C) are several Phillips curves for each short-run aggregate supply curve.
• D) is exactly one Phillips curve corresponding to each short-run aggregate supply curve.

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