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Use the Figure Below to Answer the Following Questions

Question 84

Multiple Choice

Use the figure below to answer the following questions.
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 4 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
Figure 28.4.1
-Refer to Figure 28.4.1. The figure illustrates an economy's Phillips curves. If the current inflation rate is 4 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

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