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According to the short-run Phillips curve, lower inflation rates are associated with higher unemployment rates. Which one of the economic policies below will result in lower inflation rates and higher unemployment rates in the short-run?

A

Expansionary Fiscal Policy.

B

Expansionary Monetary Policy.

C

Contractionary Fiscal Policy.

D

Contractionary Monetary Policy.

E

Both A and B.

F

Both C and D.

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