According to the Phillips curve unemployment will return to the natural rate when ? Options: A . &nbspNominal wages are equal to expected wages B . &nbspReal wages are back at equilibrium level C . &nbspNominal wages are growing faster than inflation D . &nbspInflation is higher than the growth of nominal wages

According to the Phillips curve unemployment will return to the natural rate whe

Question - According to the Phillips curve unemployment will return to the natural rate when ?

Options:

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: Option A
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