Solved

If the Economy Is in a Strong Expansion and Moved

Question 22

Multiple Choice

If the economy is in a strong expansion and moved beyond its long-run equilibrium real national output,then the


A) natural rate of unemployment has fallen.
B) cyclical rate of unemployment is positive.
C) cyclical rate of unemployment is zero.
D) cyclical rate of unemployment is negative.

Correct Answer:

verifed

Verified

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

Related Questions