How does the modern view of the phillips curve differ, Macroeconomics

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How does the modern view of the phillips curve differ

Problem

Prior to the mid-1970s, many economists thought a higher rate of Unemployment WOUld reduce the in-flation rate. Why? How does the modern view of the Phillips curve differ from the earlier view?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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