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Business, 30.11.2019 02:31 josephcarriveau

The answer is that while the aggregate demand and aggregate supply model shows the ▼ price level inflation rate , the phillips curve explicitly shows the ▼ price level inflation rate . further, the aggregate demand and aggregate supply model explicitly shows changes in the ▼ level of real gdp unemployment rate , while the phillips curve explicitly shows the ▼ level of real gdp unemployment rate .

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