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-Consider Figure 9

Question 39

Multiple Choice

-Consider Figure 9.4,which shows the annual inflation rate month to month.According to the Phillips curve,the period from about 1998.04 to 2000.02 is a period of ___________. A) stagnation B) recession C) expansion D) none of the above E) Not enough information is given.
-Consider Figure 9.4,which shows the annual inflation rate month to month.According to the Phillips curve,the period from about 1998.04 to 2000.02 is a period of ___________.


A) stagnation
B) recession
C) expansion
D) none of the above
E) Not enough information is given.

Correct Answer:

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