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    Macroeconomics Principles Applications
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    Exam 15: Modern Macroeconomics: From the Short Run to the Long Run
  5. Question
    Suppose the Unemployment Rate Is ________ the Natural Rate
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Suppose the Unemployment Rate Is ________ the Natural Rate

Question 152

Question 152

Multiple Choice

Suppose the unemployment rate is ________ the natural rate. We would expect to see GDP ________ potential output, falling wages, and falling prices.


A) above; below
B) above; above
C) below; below
D) below; above

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