Solved

If the Unemployment Rate Is ________ the Natural Rate, Then

Question 7

Multiple Choice

If the unemployment rate is ________ the natural rate, then we expect to see ________ wages, causing the short-run aggregate supply curve to shift up.


A) less than; increasing
B) less than; decreasing
C) greater than; increasing
D) greater than; decreasing

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions