Trade off between unemployment and inflation

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There is a trade off between unemployment and inflation when the aggregate Supply curve is upward sloping. SC Is downward sloping. SC is vertical. Demand curve is downward sloping

Reference no: EM13769549

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Trade off between unemployment and inflation : There is a trade off between unemployment and inflation when the aggregate Supply curve is upward sloping. SC Is downward sloping. SC is vertical. Demand curve is downward sloping

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