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Economics
MEDIUM
ENGLISH
Economics
Doubts about the natural and the existences of the Phillips curve arose in the 1970s when the economy experienced ?
A
a high rate of inflation: along with a low rate of unemployment
Option A
B
simultaneously low rates of inflation and unemployment
Option B
simultaneously high rates of inflation and unemployment
Correct answer
D
a high rate of unemployment along with a low rate of inflation
Option D
Correct answer: C
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