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Business, 07.05.2021 01:00 DatxBoixMatt4766

If the natural rate of unemployment is 5%, and the actual rate of unemployment is 4%: a the short-run Phillips curve will shift down. b disinflation is likely to occur. c there will be no effect on prices. d inflation will increase. e deflation is likely to occur.

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If the natural rate of unemployment is 5%, and the actual rate of unemployment is 4%: a the short-ru...
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