According to the Text, the Slope of the Phillips Curve

question 34

Multiple Choice

According to the text, the slope of the Phillips curve in the United States is about ________. Thus, if the gap is 6 percent, the change in inflation would be ________ percent.

• A) 1/4; 1.5
• B) 1/3; 2
• C) 1/4; 24
• D) 1/2; 3
• E) 1/2; 12

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