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The Phillips Curve represents a policy trade-off between inflation and unemployment; meaning that policy makers can choose to increase inflation and reduce unemployment

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The Phillips Curve represents a policy trade-off between inflation and unemployment; meaning that policy makers can choose to increase inflation and reduce unemployment. Please answer True, False or Uncertain and provide an short explanation in words. Your mark will be based on evidence used from the course. I.e. definitions, concepts, models and empirical trends.