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Short-run trade off between inflation and unemployment

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Reference no: EM131386257

Why policymakers face a short-run trade off between inflation and unemployment?

Why the inflation-unemployment trade-off disappears in the long run?

Reference no: EM131386257

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Short-run trade off between inflation and unemployment : Why policymakers face a short-run trade off between inflation and unemployment? Why the inflation-unemployment trade-off disappears in the long run?
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