If the economy is at Point A in the Phillips curve graph shown, in the long run the unemployment would be expected to:
A)increase.
B)decrease.
C)remain constant.
D)immediately fall to zero.

Question

If the economy is at Point A in the Phillips curve graph shown, in the long run the unemployment would be expected to: 
A)increase. 
B)decrease. 
C)remain constant. 
D)immediately fall to zero.

Quizplus · Accepted Answer

The Answer of If the economy is at Point A in the Phillips curve graph shown, in the long run the unemployment would be expected to: 
A)increase. 
B)decrease. 
C)remain constant. 
D)immediately fall to zero.

If the Economy Is at Point a in the Phillips