Multiple Choice
Use the figure below to answer the following questions.
Figure 12.4.1
-Refer to Figure 12.4.1.The figure illustrates an economy's Phillips curves.If the current inflation rate is 4 percent a year, what is the natural unemployment rate?
A) 6 percent
B) 3 percent
C) 4 percent
D) 9 percent
E) cannot be determined without more information
Correct Answer:

Verified
Correct Answer:
Verified
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