Multiple Choice
If the natural unemployment rate is 5.5 percent,then the economy is at long-run equilibrium when the actual unemployment rate is
A) more than 5.5 percent.
B) between 0 and 5.5 percent.
C) 0 percent.
D) 5.5 percent.
E) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
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