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Data from the United States and the United Kingdom Show

Question 37

Multiple Choice

Data from the United States and the United Kingdom show that the short-run Phillips curve exhibits


A) stability with shifts occurring only when external forces are strong.
B) positive slopes in both nations.
C) a great deal of shifting.
D) stability with shifts occurring only when there is an internal change of government.
E) shifts that occur every five years or so.

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