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#37 Phillip's Curve | Static and Adaptive expectation Hypothesis | part -01| by Hardev Thakur
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In this video we have discussed about what is Phillips curve and what it explains. We have also discussed about static expectation and adaptive expectation in case of Phillip's curve. we have talk about acceleration hypothesis of Friedman and how Friedman defined Phillip's curve. We have also discussed about the criticism of Phillip's curve given by Friedman.
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