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    Economics The Basics
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    Exam 10: Business Cycles, unemployment and Inflation
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    When Unemployment Is Below the Natural Rate
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When Unemployment Is Below the Natural Rate

Question 49

Question 49

Multiple Choice

When unemployment is below the natural rate,


A) inflation slows.
B) the inflation rate increases.
C) frictional unemployment increases.
D) structural unemployment declines.

Correct Answer:

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