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MMLU / Which of the following creates the trade-offdepicted by the Phillips curve?

Problem

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question

Which of the following creates the trade-offdepicted by the Phillips curve?

choices

  1. A rightward shift in the aggregate supply curve
  2. An increase in input costs that corresponds with an increase in unemployment
  3. An increase in output that corresponds with a decrease in the price level
  4. A rightward shift in the aggregate demand curve

subject

high_school_macroeconomics

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Official source

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