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Along the Short-Run Phillips Curve SRPC₀ the Expected Inflation Rate

Question 70

Multiple Choice

Along the short-run Phillips curve SRPC₀ the expected inflation rate is


A) 3 percent.
B) 6 percent.
C) 7 percent.
D) an amount that can be determined from the figure, but none of the above answers are correct.
E) an amount that cannot be determined from the figure.

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