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-Based on the Above Table, If the Current Price Level

Question 41

Multiple Choice

  -Based on the above table, if the current price level is 100 and the natural unemployment rate is 5 per cent, what is the expected inflation rate? A)  2 per cent B)  8 per cent C)  3 per cent D)  12 per cent E)  5 per cent
-Based on the above table, if the current price level is 100 and the natural unemployment rate is 5 per cent, what is the expected inflation rate?


A) 2 per cent
B) 8 per cent
C) 3 per cent
D) 12 per cent
E) 5 per cent

Correct Answer:

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