![Phillips Curve in the Short Run | Uses, Importance & Examples - Video & Lesson Transcript | Study.com Phillips Curve in the Short Run | Uses, Importance & Examples - Video & Lesson Transcript | Study.com](https://study.com/cimages/videopreview/videopreview-full/phillip-short_102102.jpg)
Phillips Curve in the Short Run | Uses, Importance & Examples - Video & Lesson Transcript | Study.com
![Refer to Exhibit above. The economy is in short-run equilibrium and has an inflationary gap at point a. A. b. B. c. C. d. D. e. E | Homework.Study.com Refer to Exhibit above. The economy is in short-run equilibrium and has an inflationary gap at point a. A. b. B. c. C. d. D. e. E | Homework.Study.com](https://homework.study.com/cimages/multimages/16/capture5719216818805066362.jpg)
Refer to Exhibit above. The economy is in short-run equilibrium and has an inflationary gap at point a. A. b. B. c. C. d. D. e. E | Homework.Study.com
![Diagrammatically represent an economy that is in neither short-run nor long- run equilibrium. | Homework.Study.com Diagrammatically represent an economy that is in neither short-run nor long- run equilibrium. | Homework.Study.com](https://homework.study.com/cimages/multimages/16/22222914180788451590132.png)