According to the Phillips Curve, the actual rate of unemployment will be equal to the natural rate of unemployment if
a. the actual rate of inflation exceeds the expected rate of inflation.
b. the actual rate of inflation equals the expected rate of inflation.
c. the actual rate of inflation is less than the expected rate of inflation.

Question

10-06-2024
Business

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According to the Phillips Curve, the actual rate of unemployment will be equal to the natural rate of unemployment if
a. the actual rate of inflation exceeds the expected rate of inflation.
b. the actual rate of inflation equals the expected rate of inflation.
c. the actual rate of inflation is less than the expected rate of inflation.

Sagot :

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