Multiple Choice
For this question,assume that the Phillips curve equation is represented by the following equation: πt - πt₋₁ = (m + z) - αut.Given this information,the natural rate of unemployment will be equal to
A) m + z.
B) (m + z - α) .
C) α(m + z) .
D) 0.
E) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
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