Home / Questions / If the Phillips curve equation is represented by equation : \pi _(t)-\pi _(t-1)=(m+z)-\alp...
If the Phillips curve equation is represented by equation : , with the change in the inflation rate equal to m plus z minus the product of alpha and u, the natural rate of unemployment will be equal to...
a. m + z.
b. m + z - alpha.
c. 0.
d. none of the above
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