Question

The Phillips curve is given by
1, -1 = 0.1–2u
The inflation is a year becomes the expected inflation in the next year. The unemployment rate is kept by the fed
at 4%. If the inflation in the last year was 0, then the inflation in the next year will be:
A. 1%
B 20%
C. 3%
D. 4%
А
Answer
B
C
09-06-28
9
O
Že 0​

Answer 1

Answer:

option C is the correct answer for your question ....