The Phillips curve shows a relationship between unemployment and inflation.
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Q130: In the quantity equation MV = PY,
Q131: A inflationary gap occurs when GDP is
Q132: If total injections are less than total
Q133: If there is a deflationary gap, then
Q134: Hyperinflation is a sustained increase in the
Q136: Increases in aggregate supply, with no change
Q137: The Phillips curve continues to be used
Q138: The Phillips curve demonstrates a robust and
Q139: In the long run, if input prices
Q140: An increase in inflationary expectations shifts the
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