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Based on the Data in This Table, If the Natural

Question 77

Multiple Choice

Based on the data in this table, Based on the data in this table, If the natural rate of unemployment is steady at 7 percent, and, in period four, there is no price shock and unemployment is 8 percent, then the inflation rate in period 4 will be ________ percent. A) 4.4 B) 3.6 C) 3.4 D) 1.6 E) none of the above If the natural rate of unemployment is steady at 7 percent, and, in period four, there is no price shock and unemployment is 8 percent, then the inflation rate in period 4 will be ________ percent.


A) 4.4
B) 3.6
C) 3.4
D) 1.6
E) none of the above

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