Question

Which of the following

statements would be true
based upon the graph?
A. Stagflation and the Short-Run
Phillips curve are identical.
B. Stagflation does not change
based upon inflation.
C. A low unemployment rate would
mean lower stagflation.
D. Stagflation is only dependent on
unemployment.

Answer 1

Step-by-step explanation:

option c: A low unemployment rate would mean lower stagflation is the appropriate answer