Multiple Choice
According to the text, the slope of the Phillips curve in the United States is about ________. Thus, if the gap is 6 percent, the change in inflation would be ________ percent.
A) 1/4; 1.5
B) 1/3; 2
C) 1/4; 24
D) 1/2; 3
E) 1/2; 12
Correct Answer:
Verified
Correct Answer:
Verified
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