Long-run phillips curve and the unemployment rate

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Reference no: EM131101634

Along the long-run Phillips curve, the unemployment rate ________, and the inflation rate ________.

A) can be any value; is equal to the natural inflation rate

B) is equal to the natural unemployment rate; can be any value

C) can be any value; can be any value

D) is equal to the natural unemployment rate; is equal to the natural inflation rate E) None of the above answers is correct.

Reference no: EM131101634

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