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The Smaller the Parameter in the Phillips Curve Is

Question 17

Multiple Choice

The smaller the parameter The smaller the parameter in the Phillips Curve is A) the stickier are wages and prices and the more vertical the Phillips Curve is. B) the stickier are wages and prices and the more horizontal the Phillips Curve is. C) the more flexible are wages and prices and the more vertical the Phillips Curve is. D) the more flexible are wages and prices and the more horizontal the Phillips Curve is. in the Phillips Curve is


A) the stickier are wages and prices and the more vertical the Phillips Curve is.
B) the stickier are wages and prices and the more horizontal the Phillips Curve is.
C) the more flexible are wages and prices and the more vertical the Phillips Curve is.
D) the more flexible are wages and prices and the more horizontal the Phillips Curve is.

Correct Answer:

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