Macroeconomics (Fourth Edition)
4th Edition
ISBN: 9780393603767
Author: Charles I. Jones
Publisher: W. W. Norton & Company
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Question
Chapter 9, Problem 5E
(a)
To determine
Calculate the slope of the
(b)
To determine
Check which is the better option while consider the short-run output rather than inflation rate.
(c)
To determine
Check which is the better option while consider the inflation rate rather than short-run output.
(d)
To determine
The trade-off in terms of Phillips curve.
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