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The Parameter in the Phillips Curve Equation Tells Us

Question 16

Multiple Choice

The parameter The parameter   in the Phillips Curve equation tells us A)  how sticky interest rates are. B)  how sticky the exchange rate is. C)  how sticky wages and prices are. D)  how sticky the inflation rate is. in the Phillips Curve equation tells us


A) how sticky interest rates are.
B) how sticky the exchange rate is.
C) how sticky wages and prices are.
D) how sticky the inflation rate is.

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