# Answer to Question #59600 in Macroeconomics for ali

Philips Curve.
I = 36 - 4U.
I = 12.
Determine the unemployment rate.?

1
2016-05-12T12:36:03-0400

If the equation of the Philips Curve is I = 36 - 4U and I = 12, then the unemployment rate U is:

12 = 36 - 4U,

4U = 24,

U = 6%.

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