Refer to the Diagram and Assume the Economy Is Initially $b _ { 1 }$

Multiple Choice

Refer to the diagram and assume the economy is initially at point $b _ { 1 }$ . Which of the following
Movements is consistent with the traditional Phillips Curve?

A) the movement from $b _ { 1 } \text { to } b _ { 2 }$
B) the movement from $b _ { 1 } \text { to } c _ { 1 }$
C) the movement from $c _ { 1 } \text { to } b _ { 2 }$
D) the movement from $b _ { 2 } \text { to } b _ { 1 }$