-The figure above shows the Phillips curve for an economy. At an unemployment rate of 5 per cent the inflation rate is
A) 6 per cent.
B) 5 per cent.
C) 4 per cent.
D) 2 per cent.
E) There is not enough information to say.

Question

-The figure above shows the Phillips curve for an economy. At an unemployment rate of 5 per cent the inflation rate is
A) 6 per cent. 
B) 5 per cent. 
C) 4 per cent. 
D) 2 per cent. 
E) There is not enough information to say.

Quizplus · Accepted Answer

The Answer of 
-The figure above shows the Phillips curve for an economy. At an unemployment rate of 5 per cent the inflation rate is
A) 6 per cent. 
B) 5 per cent. 
C) 4 per cent. 
D) 2 per cent. 
E) There is not enough information to say.

-The Figure Above Shows the Phillips Curve for an Economy