The Figure Above Shows Some Phillips Curves for an Economy

question 53

Multiple Choice

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

• A) 3 percent.
• B) 6 percent.
• C) 4 percent.
• D) 8 percent.
• E) an amount that can be determined from the figure but none of the above answers are correct.

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