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According to the Expectations-Augmented Phillips Curve,if the Cyclical Unemployment Rate

Question 65

Multiple Choice

According to the expectations-augmented Phillips curve,if the cyclical unemployment rate is zero,


A) the inflation rate will be equal to the anticipated inflation rate.
B) the anticipated inflation rate will be negative.
C) the anticipated inflation rate will be positive.
D) the unanticipated inflation rate will be zero.

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