What was the U.S. experience with demand pull inflation during the 1960s and early 1970s?
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Q36: What is "demand-pull" inflation?
Q350: What is the Phillips curve? Discuss both
Q351: "The long-run Phillips curve is downward sloping."
Q352: As world economies recover from the financial
Q353: Describe how a demand-pull inflation can occur.
Q354: "The short-run Phillips curve is vertical at
Q356: Explain how the expected inflation rate affects
Q357: Define and describe the short-run Phillips curve.
Q359: What are sources that can start a
Q360: If the short-run Phillips curve shifts rightward,
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