-Consider Figure 9.4,which shows the annual inflation rate month to month.According to the Phillips curve,the period from about 2001.01 to 2001.12 is a period of ___________.
A)expansion
B)recession
C)stagnation
D)none of the above
E)Not enough information is given.

Question

-Consider Figure 9.4,which shows the annual inflation rate month to month.According to the Phillips curve,the period from about 2001.01 to 2001.12 is a period of ___________.
A)expansion 
B)recession 
C)stagnation 
D)none of the above 
E)Not enough information is given.

Quizplus · Accepted Answer

The Answer of 
-Consider Figure 9.4,which shows the annual inflation rate month to month.According to the Phillips curve,the period from about 2001.01 to 2001.12 is a period of ___________.
A)expansion 
B)recession 
C)stagnation 
D)none of the above 
E)Not enough information is given.