Solved

Suppose That the Natural Rate of Unemployment Is 5

Question 44

Multiple Choice

Suppose that the natural rate of unemployment is 5.7 percent.If unemployment has for some time been varying between 5.1 and 5.3 percent,we should be at an actual real GDP ________ the natural real GDP,and should expect inflation to be ________.


A) below,slowing down
B) below,speeding up
C) above,slowing down
D) above,constant
E) above,speeding up

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q39: The U.S.business cycle record,in common with most,has<br>A)peaks

Q40: In policy discussions macroeconomic aggregates (inflation,unemployment,and productivity)are

Q41: The proper short-run goal of macroeconomic policymakers

Q42: The central macroeconomic concept that is most

Q43: After 1995 U.S.growth rate _ and the

Q45: Figure 1-2<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2645/.jpg" alt="Figure 1-2

Q46: Macroeconomics is the study of<br>A)the role of

Q47: The unemployment rate is the number of<br>A)people

Q48: Over the period between 1960 and 2010,the

Q49: A high current rate of inflation _