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Kitty [74]
3 years ago
6

The Phillips curve was first suggested as a description of the relationship between inflation and unemployment in the late 1950s

, and data through the 1960s were consistent with its predictions. What happened in the 1970s?
Business
2 answers:
Sholpan [36]3 years ago
7 0

Answer:

HIGH INFLATION and high unemployment in the United States undermined the Phillips hypothesis.

Explanation:

Mkey [24]3 years ago
5 0

Answer: High inflation and high unemployment in the United States undermined the Phillips hypothesis.

Explanation:

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Option D

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Which of the following situations represents financially responsible choices? Select all that apply.
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<span> making on time payments on a debt
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Was the time period between 400ad and 1400ad a dark age for europe? was this a time of cultural decay and decline?
eduard

AD was a dark age and a period of cultural decay and decline for Europe because there was barely a government, harsh punishments, ignorant people, not a lot of land, and there was a lot of killing and diseases going around Europe that cause Europe to decline in population.

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A society whose economic system is engaged in the processing and control of information is called a(n):
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Priscella pursued a hobby of making bedspreads in her spare time. Her AGI before considering the hobby is $40,000. During 2019 s
daser333 [38]

Answer:

  • Income = $10,000
  • Adjusted Gross Income (AGI) Deduction = $0
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Explanation:

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