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Figure 17-4 -Figure 17-4 Shows Four Movements of the Inflation Rate and the Inflation

Question 48

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Figure 17-4
Figure 17-4 -Figure 17-4 shows four movements of the inflation rate and the unemployment rate.Which panel shows the movement associated with a supply shock like those of the 1970s? A) 1  B) 2  C) 3  D) 4
-Figure 17-4 shows four movements of the inflation rate and the unemployment rate.Which panel shows the movement associated with a "supply shock" like those of the 1970s?


A) 1 
B) 2 
C) 3 
D) 4

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