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Test: AP Macroeconomics
1. | Which of the following is the best definition of the concept behind the Phillips Curve? |
The relationship between net exports and GDP
The relationship between government spending and the multiplier effect
The relationship between worker pay and productivity.
The relationship between unemployment and inflation
Alexander
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University of Virginia-Main Campus, Bachelor in Arts, Political Science and Government. Columbia University in the City of Ne...
Caitlin
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University of California-Berkeley, Bachelor of Science, Economics. CUNY Hunter College, Master of Science, Special Education.
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