-The Figure Above Shows an Economyʹs Phillips Curves

question 329

Multiple Choice

-The figure above shows an economyʹs Phillips curves. Currently, the inflation rate is 6 percent a year. The natural unemployment rate is___________ percent and the expected inflation rate is___________ Percent a year.

• A) 6; 6
• B) 6; 4
• C) 4; 6
• D) 6; 10

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Definitions:

Hindgut

The posterior part of the alimentary canal in some animals, including the distal colon and rectum in humans.

Anus

Lower opening of the digestive tract through which fecal matter is extruded.

Mesoderm

During the early stages of embryonic development, the central layer that eventually develops into the body's muscles, bones, and blood circulation system.

Ectoderm

The outermost layer of embryonic cells, which develops into the nervous system, skin, and hair.