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(Figure: Understanding Phillips Curves) What Is the Natural Rate of Unemployment

Question 115

Multiple Choice

(Figure: Understanding Phillips Curves) What is the natural rate of unemployment associated with Phillips curve PCa? (Figure: Understanding Phillips Curves) What is the natural rate of unemployment associated with Phillips curve PC<sub>a</sub>? A) zero B) 3% C) 4% D) 5%


A) zero
B) 3%
C) 4%
D) 5%

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