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    Exam 16: The Conduct of Monetary Policy: Strategy and Tactics
  5. Question
    High Unemployment Is Undesirable Because It
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High Unemployment Is Undesirable Because It

Question 23

Question 23

Multiple Choice

High unemployment is undesirable because it


A) results in a loss of output.
B) always increases inflation.
C) always increases interest rates.
D) reduces idle resources.

Correct Answer:

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