How are the long-run Phillips curve and the long-run aggregate supply curve related?

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Exploring Economics

ISBN: 9781439040249

5th Edition

Authors: Robert L Sexton

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Question Posted: Feb 07, 2013 05:57 AM

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How is the Phillips curve related to aggregate supply?
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How are the long-run Phillips curve and the long-run aggregate supply curve related?

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The hillis urve gives the inverse reltinshi between infltin nd unemlyment in the shrt run This urve ...View the full answer

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