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  3. Study Set
    Core Macroeconomics
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    Exam 14: Macroeconomic Policy: Challenges in a Global Economy
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    Use the Following to Answer Questions
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Use the Following to Answer Questions

Question 84

Question 84

Multiple Choice

Use the following to answer questions
Figure: Understanding Phillips Curves Use the following to answer questions  Figure: Understanding Phillips Curves   -(Figure: Understanding Phillips Curves) What is the natural rate of unemployment associated with Phillips curve PC<sub>b</sub>? A)  zero B)  3% C)  4% D)  5%
-(Figure: Understanding Phillips Curves) What is the natural rate of unemployment associated with Phillips curve PCb?


A) zero
B) 3%
C) 4%
D) 5%

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