Based on the data in this table, If the natural rate of unemployment is steady at 8 percent, what is the inflation rate in period 3?
A) 8.5 percent
B) 7.5 percent
C) 5.5 percent
D) 6.3 percent
E) none of the above

Question

Based on the data in this table,  If the natural rate of unemployment is steady at 8 percent, what is the inflation rate in period 3?
A) 8.5 percent 
B) 7.5 percent 
C) 5.5 percent 
D) 6.3 percent 
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 8 percent, what is the inflation rate in period 3?
A) 8.5 percent 
B) 7.5 percent 
C) 5.5 percent 
D) 6.3 percent 
E) none of the above

Based on the Data in This Table, If the Natural