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Ivenika [448]
4 years ago
14

According to the neoclassical view, the phillips curve is

Social Studies
1 answer:
mylen [45]4 years ago
4 0
I believe the answer is: Vertical

Philip curves would be vertical when the market is having a natural rate of employment and this rate of employment wouldn't be affected by the inflation. Neoclassical view would believe that even under inflation, the average supply and demand would still move toward equilibrium, so the employment rate shouldn't be affected as much.<span />
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According to my research on John Adams, I can say that based on the information provided within the question one of the greatest problems is Adams's efforts to get America involved in a war with France. Yet this being the case he refused to get involved and  defended it as necessary for national security to not get involved.

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