Multiple Choice
A group of economists believe that the natural rate of output is affected by aggregate ________ shocks.They contend that the natural rate level of unemployment and output are subject to ________,a departure from full employment levels as a result of past high unemployment.
A) supply; hysterisis
B) supply; systerisis
C) demand; hysterisis
D) demand; systerisis
Correct Answer:
Verified
Correct Answer:
Verified
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