Question

The Phillips curve is given by
T - T=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. 2%
C. 3%
D. 4%​

Answer 1

Answer:

3/

will be the infaltion of next year

Explanation:

is this correct