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    Exam 9: Classical Macroeconomics and the Self Regulating Economy
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    If the Natural Unemployment Rate Is 5
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If the Natural Unemployment Rate Is 5

Question 155

Question 155

Multiple Choice

If the natural unemployment rate is 5.5 percent,then the economy is in an inflationary gap when the actual unemployment rate is


A) more than 5.5 percent.
B) less than 5.5 percent.
C) 0 percent.
D) 5.5 percent.

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