Along the Short-Run Phillips Curve, If the Actual Unemployment Rate

Multiple Choice

Along the short-run Phillips curve, if the actual unemployment rate falls below the natural unemployment rate, the

A) actual inflation rate will be equal to the expected inflation rate.
B) actual inflation rate will be greater than the expected inflation rate.
C) actual inflation rate will be less than the expected inflation rate.
D) actual inflation rate may be greater than, equal to, or less than the expected inflation rate
E) expected inflation rate will fall to zero.