[Solved] Where Does the Short-Run Phillips Curve Intersect the Long-Run Phillips

Question 86
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Where does the short-run Phillips curve intersect the long-run Phillips curve?

A)at the point where the rate of inflation and the unemployment rate are equal
B)at the natural rate of inflation
C)at the point where actual inflation is equal to expected inflation
D)at the short-run equilibrium inflation rate
E)There is no intersection between the short-run and long-run Phillips curves.


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