According to the Phillips curve unemployment will return to the natura – McqOptions

MCQOPTIONS

1.	According to the Phillips curve unemployment will return to the natural rate when ?
A.	Nominal wages are equal to expected wages
B.	Real wages are back at equilibrium level
C.	Nominal wages are growing faster than inflation
D.	Inflation is higher than the growth of nominal wages
Answer» B. Real wages are back at equilibrium level

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