Question: We see the difference on the neoclassical perspective because it shows that when there is a 5% unemployment rate it is steady at that percentage

We see the difference on the neoclassical perspective because it shows that when there is a 5% unemployment rate it is steady at that percentage with a 100% vertical y-axis rise in inflation. When you're thinking in the long run it can really help you plan in the future of what to go over. Thinking in the long run might be to your advantage

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