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According to Friedman and Phelps, the Unemployment Rate Is Equal

Question 15

Multiple Choice

According to Friedman and Phelps, the unemployment rate is equal to


A) (the natural rate) + a(the expected inflation rate) .
B) (the natural rate) - a(the expected inflation rate) .
C) (the expected inflation rate) + (the actual inflation rate) .
D) (the natural rate) - a(the actual inflation rate - the expected inflation rate) .

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