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The Figure Above Shows Some Phillips Curves for an Economy

Question 55

Multiple Choice

The figure above shows some Phillips curves for an economy. -Along the short-run Phillips curve SRPC<sub>0</sub> in the figure above, the natural unemployment rate is A) 7 per cent. B) 6 per cent. C) 3 per cent. D) an amount that can be determined from the figure, but none of the above answers is correct. E) an amount that cannot be determined from the figure. The figure above shows some Phillips curves for an economy.
-Along the short-run Phillips curve SRPC0 in the figure above, the natural unemployment rate is


A) 7 per cent.
B) 6 per cent.
C) 3 per cent.
D) an amount that can be determined from the figure, but none of the above answers is correct.
E) an amount that cannot be determined from the figure.

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