The equation for the Phillips curve in an economy is
? = ?e? 0.5(U? 5),If the inflation rate is 2 percent and the expected inflation rate is 4 percent, the unemployment rate in the economy must be
A. 3.0 percent.
B. 4.5 percent.
C. 8.0 percent.
D. 9.0 percent.
Answer: D
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