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Do Ockun's law and the short-run Phillips curve appear to be related concepts?
Do Ockun's law and the short-run Phillips curve appear to be related concepts?
Solution
Brief Summary of the Short Run Model
Summary of Okun's law
Conclusion:
Based on the above discussion we can say that short run Philips curve basically deals with
economy trend and inflation rate while okun

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Do Ockuns law and the short-run Phillips curve appear to be rela.pdf

  • 1. Do Ockun's law and the short-run Phillips curve appear to be related concepts? Do Ockun's law and the short-run Phillips curve appear to be related concepts? Solution Brief Summary of the Short Run Model Summary of Okun's law Conclusion: Based on the above discussion we can say that short run Philips curve basically deals with economy trend and inflation rate while okun