dkhakdoust
dkhakdoust
26.06.2020 • 
Business

For this question, assume that the Phillips curve equation is represented by the following equation: pi subscript t minus pi subscript t minus 1 end subscript equals (m plus z )minus alpha u subscript t . Which of the following will NOT cause an increase in the natural rate of unemployment in any period is equal to 6%? a. the rate of inflation will be constant
b. the rate of inflation will tend to increase
c. the rate of inflation will tend to decrease
d. none of the above

Solved
Show answers

Ask an AI advisor a question