Based on the Data in This Table, If the Natural

question 11

Multiple Choice

Based on the data in this table, If the natural rate of unemployment is steady at 8 percent, what is the inflation rate in period 3?

• A) 8.5 percent
• B) 7.5 percent
• C) 5.5 percent
• D) 6.3 percent
• E) none of the above

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