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Country a Has a Higher Money Supply Growth Rate and a Long-Run

Question 142

Multiple Choice

Country A has a higher money supply growth rate and a long-run Phillips curve that is farther to the left than country B's.In the long run as compared to country B,country A will have


A) lower unemployment and higher inflation
B) higher unemployment and higher inflation
C) lower unemployment and lower inflation
D) None of the above is necessarily correct.

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