Multiple Choice
When prices in the goods and services market are below the level anticipated,
A) output will temporarily exceed the economy's long-run potential.
B) output will temporarily fall short of the economy's long-run potential.
C) output will be equal to the economy's long-run potential.
D) the actual rate of unemployment will be less than the natural rate of unemployment.
Correct Answer:
Verified
Correct Answer:
Verified
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