2021年CFA考试《Level Ⅰ》考试题库-CFA考试（Level Ⅰ）-Mock Exam 1 Afternoon Session-
财会经济-CFA特许金融分析师
单选题-According to the modern view of the Phillips curve, the actual inflation is 6%, while the expected inflation 5%, the most likely initial effect is that:
单选题
A.The natural rate of unemployment will rise.
B.Unemployment will fall below its natural rate.
C.Unemployment will rise above its natural rate.
我个人认为这个应该是：B
解析：There are two conclusions arising from modern analysis of the Phillips curve: Expansionary macroeconomic policies will cause inflation, without permanently reducing unemployment. When inflation exceeds expectations, unemployment falls below its natural levels. It is the difference between expected and actual inflation that influences unemployment, not the absolute magnitude of inflation.
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