freakgreek
Answered

Which of the following would show
deflationary pressure?

A. Less than 2%.
B. Over 10%.
C. Between 4 and 5%.
ES
All Rial

Which of the following would show deflationary pressure? A. Less than 2%. B. Over 10%. C. Between 4 and 5%. ES All Rial class=

Answer :

Answer:

I believe it would be A

Explanation:

At low unemployment (3%), the Phillips curve shifts up from the one through point B to the one through point C when expected inflation rises from 3% to 5%.

I hope this helps

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