In the long run,the Fed can change the inflation rate but not the unemployment rate.
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Q90: For the Fed,price stability means stable prices.
Q91: Short-run movements along the Phillips curve
A) remind
Q92: The Phillips curve reflects
A) the short-run tradeoff
Q93: The Phillips curve represents the Fed's short-run
Q94: If the Fed moves the economy upward
Q96: The long-run Phillips curve is downward-sloping.
Q97: Which of the following is true about
Q98: If the Fed wants to move the
Q99: The Phillips curve
A) illustrates the economy's production
Q100: If the Fed wants to move the
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