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Intro to the Phillips curve and the short-run tradeoff
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Intro to the Phillips curve and the short-run tradeoff
6:06
About this lesson
Short-Run Philips Curve
- Two Time frames of Philips Curve
- Expected Inflation Rate
- Natural Unemployment Rate
- U-Shaped
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Video 1 of 2
Intro to the Phillips curve and the short-run tradeoff
6 min
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Understanding the long-run Phillips curve as a vertical line
3 min