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    Macroeconomics Study Set 3
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    Exam 12: Unemployment and Inflation
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    In the Expectations-Augmented Phillips Curve,? = ?E - 3(u -
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In the Expectations-Augmented Phillips Curve,? = ?E - 3(u -

Question 11

Question 11

Multiple Choice

In the expectations-augmented Phillips curve,? = ?e - 3(u - 0.05) .When ? = 0.03 and ?e = 0.06,the unemployment rate is


A) 0) 04.
B) 0) 05.
C) 0) 06.
D) 0) 07.

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