Explain how the short-run phillips curve the long-run


Explain how the short-run Phillips curve, the long-run Phillips curve, the short-run aggregate supply curve, the long-run aggregate supply curve, and the natural rate hypothesis are all related. How do active and passive views of these concepts differ? Your response should be at least 75 words in length.

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Managerial Economics: Explain how the short-run phillips curve the long-run
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