The figure above shows some Phillips curves for an economy.
-Along the short-run Phillips curve SRPC₀ the natural unemployment rate is
A) 3 percent.
B) 6 percent.
C) 4 percent.
D) 8 percent.
E) an amount that can be determined from the figure but none of the above answers are correct.

Question

The figure above shows some Phillips curves for an economy.
-Along the short-run Phillips curve SRPC₀ the natural unemployment rate is
A) 3 percent. 
B) 6 percent. 
C) 4 percent. 
D) 8 percent. 
E) an amount that can be determined from the figure but none of the above answers are correct.

Quizplus · Accepted Answer

The Answer of  
The figure above shows some Phillips curves for an economy.
-Along the short-run Phillips curve SRPC₀ the natural unemployment rate is
A) 3 percent. 
B) 6 percent. 
C) 4 percent. 
D) 8 percent. 
E) an amount that can be determined from the figure but none of the above answers are correct.

The Figure Above Shows Some Phillips Curves for an Economy