Solved

There Is a

Question 21

Multiple Choice

There is a


A) positive 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) positive correlation between interest rates and the level of aggregate economic activity.
D) negative correlation between aggregate economic activity and the inflation rate.
E) positive correlation between the rate of change in nominal wages and the unemployment rate.

Correct Answer:

verifed

Verified

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

Related Questions