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Suppose the expected and actual inflation rates are 7 percent and the natural rate of unemployment is 6 percent. If the inflation rate falls to 5 percent and the expected inflation rate
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Suppose the natural rate of unemployment is 6 percent. One graph, draw two Philips curves that describe the four situations listed here. Label the point that shows the position of the economy
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CHAPTER 10: THE PHILLIPS CURVE, THE NATURAL RATE OF UNEMPLOYMENT AND INFLATION — презентация на Slide-Share.ru 🎓