Refer to the diagram and assume the economy is initially at point $b _ { 1 }$ . Which of the following
Movements is consistent with the traditional Phillips Curve?
A) the movement from $b _ { 1 } \text { to } b _ { 2 }$
B) the movement from $b _ { 1 } \text { to } c _ { 1 }$
C) the movement from $c _ { 1 } \text { to } b _ { 2 }$
D) the movement from $b _ { 2 } \text { to } b _ { 1 }$

Question

Refer to the diagram and assume the economy is initially at point $b _ { 1 }$ . Which of the following
Movements is consistent with the traditional Phillips Curve?
A) the movement from $b _ { 1 } \text { to } b _ { 2 }$ 
B) the movement from $b _ { 1 } \text { to } c _ { 1 }$ 
C) the movement from $c _ { 1 } \text { to } b _ { 2 }$ 
D) the movement from $b _ { 2 } \text { to } b _ { 1 }$

Quizplus · Accepted Answer

The Answer of  Refer to the diagram and assume the economy is initially at point $b _ { 1 }$ . Which of the following
Movements is consistent with the traditional Phillips Curve?
A) the movement from $b _ { 1 } \text { to } b _ { 2 }$ 
B) the movement from $b _ { 1 } \text { to } c _ { 1 }$ 
C) the movement from $c _ { 1 } \text { to } b _ { 2 }$ 
D) the movement from $b _ { 2 } \text { to } b _ { 1 }$

Refer to the Diagram and Assume the Economy Is Initially b1b _ { 1 }b1​

Refer to the Diagram and Assume the Economy Is Initially $b _ { 1 }$