Based on the data in this table, If the natural rate of unemployment is steady at 7 percent, and, in period four, there is no price shock and unemployment is 8 percent, then the inflation rate in period 4 will be ________ percent.
A) 4.4
B) 3.6
C) 3.4
D) 1.6
E) none of the above

Question

Based on the data in this table,  If the natural rate of unemployment is steady at 7 percent, and, in period four, there is no price shock and unemployment is 8 percent, then the inflation rate in period 4 will be ________ percent.
A) 4.4 
B) 3.6 
C) 3.4 
D) 1.6 
E) none of the above

Quizplus · Accepted Answer

The Answer of Based on the data in this table,  If the natural rate of unemployment is steady at 7 percent, and, in period four, there is no price shock and unemployment is 8 percent, then the inflation rate in period 4 will be ________ percent.
A) 4.4 
B) 3.6 
C) 3.4 
D) 1.6 
E) none of the above

Based on the Data in This Table, If the Natural