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Teaching Resources
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Transparency No.
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Figure/Table No.
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Caption
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21-1
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Figure 21-1
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The Phillips Curve
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21-2
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Figure 21-2
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How the Phillips Curve Is Related to the Model of
Aggregate Demand and Aggregate Supply
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21-3
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Figure 21-3
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The Long-Run Phillips Curve
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21-4
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Figure 21-4
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How the Long-Run Phillips Curve Is Related to the
Model of Aggregate Demand and Aggregate Supply
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21-5
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Figure 21-5
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How Expected Inflation Shifts the Short-Run Phillips
Curve
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21-6
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Figure 21-6
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The Phillips Curve in the 1960s
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21-7
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Figure 21-7
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The Breakdown of the Phillips Curve
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21-8
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Figure 21-8
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An Adverse Shock to Aggregate Supply
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21-9
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Figure 21-9
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The Supply Shocks of the 1970s.
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21-10
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Figure 21-10
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Disinflationary Monetary Policy in the Short Run and
Long Run
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21-11
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Figure 21-11
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The Volcker Disinflation
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21-12
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Figure 21-12
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The Greenspan Era
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