Inflation and unemployment related in the short run

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How are inflation and unemployment related in the short run? In the long run?

What factors alter this relationship?

What is the short-run cost of reducing inflation?

Why were U.S. inflation and unemployment both so low in the 1990s?

Reference no: EM13726349

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Inflation and unemployment related in the short run : How are inflation and unemployment related in the short run? In the long run - What factors alter this relationship?
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