Figure 13.10
Alt text for Figure 13.10: In figure 13.10, a graph shows the points along which a typical long-run Phillips curve runs.
Long description for Figure 13.10: The x-axis is labelled, unemployment rate percent, and the y-axis is labelled, inflation rate percent per year.3 points; A, B, and C are plotted such that A and B share equivalent y-axis values, and B and C share equivalent x-axis values.
-Refer to Figure 13.10.A typical long-run Phillips curve would have the appearance of a curve running through points
A) A and B.
B) A and C.
C) B and C.
D) A, B, and C.
Correct Answer:
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