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Assignments for Macroeconomics Chapter 14

Assignment #1: Explain the trade-off present in the Phillips curve. Comment
on policy implications.

Assignment #2: How did the Phillips curve shift in the 1970's? What were some
of the reasons for the shift?

Assignment #3: Outline market policies intended to slow down inflation.

Assignment #4: Outline incomes policies. Comment on their effectiveness.

Assignment #5: Present the major goal of supply side economics. Give some of
the reasons which inspired this policy approach.