In 2017, the outcome turned out to be row D of the left side table. Plot the

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In 2017, the outcome turned out to be row D of the left side table. Plot the short-run Phillips curve for 2018 and mark the points A, B, C, and D that correspond to the data in the right part of the table.

Inflation rate Unemployment (percent per year) rate (percentage) -1.8 B 1.8 4 5.5 2

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Foundations of Macroeconomics

ISBN: 978-0134492001

8th edition

Authors: Robin Bade, Michael Parkin

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