Multiple Choice
Given the augmented Phillips model: ,where y = actual rate of inflation (%) ,x1 = unemployment rate (%) ,and x2 = anticipated inflation rate (%) .The response variable(s) in this model is(are) the:
A) Unemployment rate
B) Actual inflation rate
C) Anticipated inflation rate
D) Unemployment rate and anticipated inflation rate
Correct Answer:

Verified
Correct Answer:
Verified
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