Multiple Choice
Use the figure below to answer the following question(s) . Figure 9-2
When an economy is experiencing the aggregate demand and supply conditions depicted in Figure 9-2,
A) the actual rate of unemployment will equal the natural rate of unemployment.
B) buyers and sellers will have correctly anticipated the level of prices P1.
C) the output y1 will tend to persist into the future unless market conditions change.
D) all of the above are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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