Is the Phillips Curve a useful guide to our ability to achieve the goals of the dual
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Is the Phillips Curve a useful guide to our ability to achieve the goals of the "dual mandate"? Or is it an outdated/erroneous concept of limited value?
What is meant by the term LOOP? How close is the theory to reality?
Related Book For
Macroeconomics
ISBN: 978-1464168505
5th Canadian Edition
Authors: N. Gregory Mankiw, William M. Scarth
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