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Exhibit 17-1 Inflation and Unemployment Rates

Question 58

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Exhibit 17-1 Inflation and unemployment rates
Exhibit 17-1 Inflation and unemployment rates In Exhibit 17-1, when the unemployment rate goes from 3 percent to 9 percent, A) the level of inflation is unaffected. B) the inflation rate goes from 8 percent to 14 percent. C) the inflation rate goes from 8 percent to 3 percent. D) the inflation rate goes to 0 percent.
In Exhibit 17-1, when the unemployment rate goes from 3 percent to 9 percent,


A) the level of inflation is unaffected.
B) the inflation rate goes from 8 percent to 14 percent.
C) the inflation rate goes from 8 percent to 3 percent.
D) the inflation rate goes to 0 percent.

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