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Keynesian Macroeconomists Argue That the Short-Run Phillips Curve ________ Represent

Question 55

Multiple Choice

Keynesian macroeconomists argue that the short-run Phillips curve ________ represent a usable trade-off for policymakers because ________.


A) does; prices are sticky
B) does; prices are not sticky
C) does not; prices are not sticky
D) does not; prices are sticky

Correct Answer:

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