The Figure Above Shows Some Phillips Curves for an Economy

question 99

Multiple Choice

The figure above shows some Phillips curves for an economy.
-Along the short-run Phillips curve SRPC₀ in the figure above,the natural unemployment rate is

• A)7 per cent.
• B)6 per cent.
• C)3 per cent.
• D)an amount that can be determined from the figure,but none of the above answers is correct.
• E)an amount that cannot be determined from the figure.

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