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Assume That the Phillips Curve Equation Is Represented by Nt

Question 51

Multiple Choice

Assume that the Phillips curve equation is represented by nt - nt- 1 = (m + z) - aut. Given this information, the natural rate of unemployment will be equal to:


A) (m + z) /a.
B) m + z.
C) (m + z) - a.
D) (m - z) /a.
E) a(m + z) .

Correct Answer:

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