Multiple Choice
The long-run Phillips curve is ________ than the short-run Phillips curve.
A) flatter
B) steeper
C) less stable
D) more volatile
E) more curved
Correct Answer:
Verified
Related Questions
Q89: Where does the short-run Phillips curve intersect
Q90: What is the NAIRU?
A)the natural accelerating inflation
Q91: If the economy is producing at potential
Q92: The long-run aggregate supply curve is _,
Q93: Growth in aggregate demand will
A)cause deflation.
B)increase unemployment.
C)move
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