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what is the modification of Phillips curve?

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter25: The Keynesian Perspective

Section: Chapter Questions

Problem 14RQ: Would you expect to see long-run data trace out a stable downward-sloping Phillips curve?

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