At which point is the unemployment rate equal to the natural rate of unemployment? OA. A OB. B о с. с OD. There is insufficient information on the graph to answer this question. .... Inflation rate (% per year) 8- 5.5 2 Long-run Phillips curve B 3.8 Short-run Phillips curve 8 Unemployment rate (%)

Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter20: Unemployment
Section20.1: Identifying Unemployment
Problem 1QQ
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At which point is the unemployment rate equal to the natural rate of
unemployment?
O A. A
B. B
O C. C
O D. There is insufficient information on the graph to answer this question.
.....
Inflation rate (% per year)
8-
7-
त
0-
5.5
0
1
Long-run
Phillips curve
B
:3.8
с
Short-run
Phillips curve
Unemployment rate (%)
Transcribed Image Text:At which point is the unemployment rate equal to the natural rate of unemployment? O A. A B. B O C. C O D. There is insufficient information on the graph to answer this question. ..... Inflation rate (% per year) 8- 7- त 0- 5.5 0 1 Long-run Phillips curve B :3.8 с Short-run Phillips curve Unemployment rate (%)
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