![Assume that the economy is at the point where the short-run Phillips curve intersects the long-run Phillips curve, and that the Fed decides to lower unemployment. Graphically trace out the short-run a Assume that the economy is at the point where the short-run Phillips curve intersects the long-run Phillips curve, and that the Fed decides to lower unemployment. Graphically trace out the short-run a](https://study.com/cimages/multimages/16/phillips_curve1292317112128074493.jpg)
Assume that the economy is at the point where the short-run Phillips curve intersects the long-run Phillips curve, and that the Fed decides to lower unemployment. Graphically trace out the short-run a
![Aggregate Supply and the Phillips Curve. AD/AS and the Phillips Curve The Aggregate Demand/Supply Model illustrates the short-run relationship between. - ppt download Aggregate Supply and the Phillips Curve. AD/AS and the Phillips Curve The Aggregate Demand/Supply Model illustrates the short-run relationship between. - ppt download](https://images.slideplayer.com/19/5831585/slides/slide_11.jpg)
Aggregate Supply and the Phillips Curve. AD/AS and the Phillips Curve The Aggregate Demand/Supply Model illustrates the short-run relationship between. - ppt download
![PPT - Chapter 35 - The Short-Run Trade-off between Inflation and Unemployment PowerPoint Presentation - ID:2197529 PPT - Chapter 35 - The Short-Run Trade-off between Inflation and Unemployment PowerPoint Presentation - ID:2197529](https://image1.slideserve.com/2197529/chapter-35-the-short-run-trade-off-between-inflation-and-unemployment-n.jpg)