Economics · Economics

According to Friedman, what is the shape of the long-run Phillips curve?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Vertical to the Y-axis
2Vertical to the X-axis
3Upward sloping from left to right
4Downward sloping from left to right✓

Correct answer

Downward sloping from left to right

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