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Prices inflation rise - PowerPoint PPT Presentation

Inflation, Unemployment and Monetary Policy

Inflation, Unemployment and Monetary Policy. Mankiw 14.2. Learning Objectives. Understand the relationship between inflation and unemployment (the Philips Curve) Understand what is the optimal level of inflation Understand the modern prescription for independent central banks. Phillips Curve.

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Prices inflation rise - PowerPoint PPT Presentation

Inflation, Unemployment and Monetary Policy