Describes the inflation-unemployment trade off

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Which of the following describes the inflation-unemployment trade off?

a. Monetary policies that expand the money supply and lower interest rates will lower inflation and unemployment. b. Monetary policies that expand the money supply and raise interest rates will lower inflation and unemployment. c. Fiscal policies that increase government spending and lower unemployment will cause inflation. d. Fiscal policies that increase government spending and lower unemployment will lower inflation.

Reference no: EM13984382

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