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Number of Pages 8
The writer explains the Phillips Curve, the way it was created and how it has been used, including government use. The model appeared to be correct, but divergences in the 1980's increased the controversy and the model received a high level of criticism. In the second part of the paper the criticisms of the theory are examined. Three sources are cited in the bibliography of this eight page paper.
File: TS65_TEphillipscurve.doc
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