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MMLU / What is the main contrast between the short-run and long-run Phillips curve?

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

What is the main contrast between the short-run and long-run Phillips curve?

choices

  1. In the short run there is a positive relationship between inflation and unemployment and in the long run the relationship is negative.
  2. In the short run there is a positive relationship between inflation and unemployment and in the long run the relationship is constant.
  3. In the short run there is a negative relationship between inflation and unemployment and in the long run the relationship is positive.
  4. In the short run there is a negative relationship between inflation and unemployment and in the long run the relationship is constant.

subject

high_school_macroeconomics

Discussion

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Source and history

task_id
208443b9-7a1a-5fdf-9219-b6a05641d677
task_key
all--test--208443b9-7a1a-5fdf-9219-b6a05641d677
task_revision_id
1
config / split
all / test

Official source

initial import