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Figure 16-2 -Refer to Figure 16-2. the Figure Shows the Three Inflation-Unemployment

Question 24

Multiple Choice

Figure 16-2 Figure 16-2 -Refer to Figure 16-2. The figure shows the three inflation-unemployment Phases. What are these three phases, moving clockwise from point A? A) Phillips phase, recovery phase, stagflation phase B) Recovery phase, stagflation phase, Phillips phase C) Phillips phase, stagflation phase, recovery phase D) Stagflation phase, recovery phase, Phillips phase
-Refer to Figure 16-2. The figure shows the three inflation-unemployment
Phases. What are these three phases, moving clockwise from point A?


A) Phillips phase, recovery phase, stagflation phase
B) Recovery phase, stagflation phase, Phillips phase
C) Phillips phase, stagflation phase, recovery phase
D) Stagflation phase, recovery phase, Phillips phase

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