Refer to the Above Diagram and Assume the Economy Is

question 116

Multiple Choice

Refer to the above diagram and assume the economy is initially at point b₁.Which of the following movements is consistent with The Phillips Curve?

• A)the movement from B₁ to B₂
• B)the movement from B₁ to C₁
• C)the movement from C₁ to B₂
• D)the movement from B₂ to B₁

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