Use the figure below to answer the following questions.
Figure 28.4.1
-Refer to Figure 28.4.1. The figure illustrates an economy's Phillips curves. If the current inflation rate is 3 percent, what is the current unemployment rate?
A) 9 percent
B) 6 percent
C) 4 percent
D) 3 percent
E) cannot be determined without more information
Correct Answer:
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