MCQOPTIONS
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| 1. |
Doubts about the natural and the existences of the Phillips curve arose in the 1970s when the economy experienced ? |
| A. | a high rate of inflation: along with a low rate of unemployment |
| B. | simultaneously low rates of inflation and unemployment |
| C. | simultaneously high rates of inflation and unemployment |
| D. | a high rate of unemployment along with a low rate of inflation |
| Answer» D. a high rate of unemployment along with a low rate of inflation | |