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Refer to the Following Figure When Answering the Following Questions

Question 49

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Refer to the following figure when answering the following questions.
Figure 9.4: Phillips Curve Refer to the following figure when answering the following questions. Figure 9.4: Phillips Curve   -Consider the Phillips curve at   in Figure 9.4. The economy is: A) booming. B) inflationary. C) at its potential output. D) in recession. E) Not enough information is given to determine.
-Consider the Phillips curve at Refer to the following figure when answering the following questions. Figure 9.4: Phillips Curve   -Consider the Phillips curve at   in Figure 9.4. The economy is: A) booming. B) inflationary. C) at its potential output. D) in recession. E) Not enough information is given to determine. in Figure 9.4. The economy is:


A) booming.
B) inflationary.
C) at its potential output.
D) in recession.
E) Not enough information is given to determine.

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