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    Macroeconomics Policy and Practice Study Set 1
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    Exam 11: Aggregate Supply and the Phillips Curve
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    Based on the Data in This Table, If the Inflation
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Based on the Data in This Table, If the Inflation

Question 70

Question 70

Multiple Choice

Based on the data in this table, Based on the data in this table,   if the inflation rate in period zero had been 3 percent, then the accelerationist Phillips curve is ________. A)  △π = - 1.8 (U - 7)  + ρ B)  △π = - 1.1 (U - 6)  + ρ C)  △π = - 0.9 (U - 6)  + ρ D)  △π = - 0.4 (U - 9)  + ρ E)  none of the above if the inflation rate in period zero had been 3 percent, then the accelerationist Phillips curve is ________.


A) △π = - 1.8 (U - 7) + ρ
B) △π = - 1.1 (U - 6) + ρ
C) △π = - 0.9 (U - 6) + ρ
D) △π = - 0.4 (U - 9) + ρ
E) none of the above

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