Refer to the following figure when answering
Figure 9.3: Phillips Curve
-Consider the Phillips curve at $\tilde { Y } _ { t , 2 }$ in Figure 9.3. The economy is:
A) booming
B) inflationary
C) in recession
D) at potential output
E) Not enough information is given to determine.

Question

Refer to the following figure when answering  
Figure 9.3: Phillips Curve 
-Consider the Phillips curve at $\tilde { Y } _ { t , 2 }$ in Figure 9.3. The economy is:
A) booming 
B) inflationary 
C) in recession 
D) at potential output 
E) Not enough information is given to determine.

Quizplus · Accepted Answer

The Answer of Refer to the following figure when answering  
Figure 9.3: Phillips Curve 
-Consider the Phillips curve at $\tilde { Y } _ { t , 2 }$ in Figure 9.3. The economy is:
A) booming 
B) inflationary 
C) in recession 
D) at potential output 
E) Not enough information is given to determine.

Refer to the Following Figure When Answering Figure Y~t,2\tilde { Y } _ { t , 2 }Y~t,2​

Refer to the Following Figure When Answering
Figure $\tilde { Y } _ { t , 2 }$