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-Consider Figure 9

Question 25

Multiple Choice

-Consider Figure 9.4,which shows the annual inflation rate month to month.According to the Phillips curve,the period from about 2001.01 to 2001.12 is a period of ___________. A) expansion B) recession C) stagnation 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 2001.01 to 2001.12 is a period of ___________.


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

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