Short-run Aggregate Supply Curve - AP Macroeconomics

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Question

Which of the following is the best definition of the concept behind the Phillips Curve?

Answer

The Phillips Curve is meant to express the short-run tradeoff between inflation and unemployment.

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Question

Which of the following is the best definition of the concept behind the Phillips Curve?

Answer

The Phillips Curve is meant to express the short-run tradeoff between inflation and unemployment.

Compare your answer with the correct one above

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