Subjective Questions on Why is the long run Phillips curve steeper than the short run Phillips curve in an economy 200 words........... for Indian Economic Service Preparation

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Subjective Questions

Why is the long run Phillips curve steeper than the short run Phillips curve in an economy 200 words...........

Economics -II Theory of employment, Output, Inflation, Money and Finance
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    Why is the long-run Phillips curve steeper than the short-run Phillips curve in an economy? (200 words) (15 Marks)

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