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Economics
MEDIUM
ENGLISH
Economics
In the long run, the Phillips curve will be vertical at the natural rate of unemployment if ?
A
the long-run aggregate demand curve is horizontal at the natural rate of inflation
Option A
the long run aggregate demand curve is vertical at potential GDP
Correct answer
C
the long run aggregate demand curve is vertical at potential GDP
Option C
D
The long run supply curve is horizontal at the natural rate of inflation
Option D
Correct answer: B
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