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    Macroeconomics Study Set 17
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    Exam 17: Inflation, Unemployment, and Federal Reserve Policy
  5. Question
    In a Graph of Unemployment Rates (On the Horizontal Axis)versus
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In a Graph of Unemployment Rates (On the Horizontal Axis)versus

Question 249

Question 249

Multiple Choice

In a graph of unemployment rates (on the horizontal axis) versus inflation rates (on the vertical axis) ,the short-run Phillips Curve is


A) downward sloping.
B) horizontal.
C) vertical.
D) upward sloping.

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