Multiple Choice
Which of the following statements is correct?
A) In the short run,unemployment and inflation are positively related.In the long run they are largely unrelated problems.
B) Inflation and unemployment are positively related in the short run and in the long run.
C) In the short run,unemployment and inflation are negatively related.In the long run they are largely unrelated problems.
D) Inflation and unemployment are negatively related in the short run and in the long run.
Correct Answer:
Verified
Correct Answer:
Verified
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