Milton Friedman Argued That as Long as

Multiple Choice

Milton Friedman argued that as long as

A) the unemployment rate is higher than the inflation rate,the economy is not in long-run equilibrium.
B) Real GDP grows,the inflation rate will fall.
C) the expected inflation rate is not equal to the actual inflation rate,the economy is not in long-run equilibrium.
D) nominal wages rise,so do real wages.
E) none of the above