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(Figure: Understanding Phillips Curves) What Is the Expected Inflation Rate

Question 163

Multiple Choice

(Figure: Understanding Phillips Curves) What is the expected inflation rate associated with Phillips curve PCb? (Figure: Understanding Phillips Curves) What is the expected inflation rate associated with Phillips curve PC<sub>b</sub>? A) 0% B) 3% C) 4% D) 5%


A) 0%
B) 3%
C) 4%
D) 5%

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