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Figure 16-3 -Refer to Figure 16-3.The Figure Shows the Three Phases of the Three

Question 18

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Figure 16-3
Figure 16-3 -Refer to Figure 16-3.The figure shows the three phases of the inflation-unemployment Cycle.What are these three phases, moving clockwise from point A? A) Phillips phase, recovery phase, stagflation phase B) recovery phase, stagflation phase, Phillips phase C) Phillips phase, stagflation phase, recovery phase D) stagflation phase, recovery phase, Phillips phase
-Refer to Figure 16-3.The figure shows the three phases of the inflation-unemployment Cycle.What are these three phases, moving clockwise from point A?


A) Phillips phase, recovery phase, stagflation phase
B) recovery phase, stagflation phase, Phillips phase
C) Phillips phase, stagflation phase, recovery phase
D) stagflation phase, recovery phase, Phillips phase

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