An Unanticipated Reduction in the Level of Prices in the Goods

Multiple Choice

An unanticipated reduction in the level of prices in the goods and services market, which results in a temporary increase in real wage rates, will

A) increase the natural rate of unemployment.
B) reduce the natural rate of unemployment.
C) result in an actual rate of unemployment that is less than the natural rate of unemployment.
D) result in an actual rate of unemployment that is greater than the natural rate of unemployment.