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Economics
MEDIUM
ENGLISH
Economics
Along a short-run Phillips curve, ?
a higher rate of inflation is associated with a lower unemployment rate
Correct answer
B
a higher rate of growth in output is associated with a lower unemployment rate
Option B
C
a higher rate of inflation is associated with a higher unemployment rate
Option C
D
a higher rate of growth in output is associated with a higher unemployment rate.
Option D
Correct answer: A
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