Along a given Philli only by paying the cost of a curve, a lower unemployment rate...

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Along a given Philli only by paying the cost of a curve, a lower unemployment rate can be achieved only by paying the cost of

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Option D

Short run Phillips curve shows the relation between inflation and unemployment, where they are inversely related. So, a lower infaltion is associated with a higher unemployment and vice a versa

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Along a given Philli only by paying the cost of a curve, a lower unemployment rate...

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