MCQOPTIONS
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MCQOPTIONS
| 1. |
The view of the Phillips curve that prevailed in the 1960s implied that policies that ? |
| A. | lower unemployment rate will tend to lower the inflation rate |
| B. | lower unemployment rate will tend to raise the inflation rate |
| C. | raise inflation rate will tend to raise the unemployment rate |
| D. | lower inflation rate will tend to raise the unemployment rate |
| Answer» C. raise inflation rate will tend to raise the unemployment rate | |