Along the long-run Phillips curve, inflation and expected inflation are:
A)constant but not equal.
B)both constant and equal.
C)equal but not constant.
D)neither equal nor constant.

Question

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The Answer of Along the long-run Phillips curve, inflation and expected inflation are:
A)constant but not equal.
B)both constant and equal.
C)equal but not constant.
D)neither equal nor constant.

Along the Long-Run Phillips Curve, Inflation and Expected Inflation Are