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    Exam 16: Macro Policy Debate: Active or Passive?
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    _____ States That in the Long Run, the Economy Tends
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_____ States That in the Long Run, the Economy Tends

Question 107

Question 107

Multiple Choice

_____ states that in the long run, the economy tends toward the natural rate of unemployment.


A) The nominal rate hypothesis
B) The real rate hypothesis
C) The natural rate hypothesis
D) The Taylor rule
E) The Phillips curve

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