Multiple Choice
There is a
A) negative correlation between the rate of change in nominal wages and the rate of change in other money prices.
B) positive correlation between the unemployment rate and the deviation of aggregate economic activity from trend.
C) negative correlation between the unemployment rate and the deviation of aggregate economic activity from trend.
D) negative correlation between aggregate economic activity and the inflation rate.
E) negative correlation between the rate of change in nominal wages and the unemployment rate.
Correct Answer:

Verified
Correct Answer:
Verified
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