Many economists believe that a country's inflation rate will rise if its unemployment rate falls. The following figure show the relationship between the inflation rate, $I$, and the unemployment rate, $u$, in four different countries.

In which of the four countries does the relationship between the inflation rate and the unemployment rate seem opposite of what is normally expected?

Question

Many economists believe that a country's inflation rate will rise if its unemployment rate falls. The following figure show the relationship between the inflation rate, $I$, and the unemployment rate, $u$, in four different countries.
  
In which of the four countries does the relationship between the inflation rate and the unemployment rate seem opposite of what is normally expected?

Quizplus · Accepted Answer

The Answer of Many economists believe that a country's inflation rate will rise if its unemployment rate falls. The following figure show the relationship between the inflation rate, $I$, and the unemployment rate, $u$, in four different countries.
  
In which of the four countries does the relationship between the inflation rate and the unemployment rate seem opposite of what is normally expected?

Many Economists Believe That a Country's Inflation Rate Will Rise III

Many Economists Believe That a Country's Inflation Rate Will Rise $I$