In the long run,there is a tradeoff between inflation and unemployment.
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Q80: When the economy reaches its potential output,the
Q81: In the long run,monetary policy can
A) change
Q82: Moving up the Phillips curve in the
Q83: In the long run,if the Fed lowers
Q84: The vertical long-run Phillips curve
A) shows the
Q86: In the long run,there is a no
Q87: What short-run choice does the Phillips curve
Q88: The vertical long-run Phillips curve
A) indicates the
Q89: For the Fed,price stability means a low
Q90: For the Fed,price stability means stable prices.
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