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    Macroeconomics Policy and Practice
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    Exam 11: Aggregate Supply and the Phillips Curve
  5. Question
    If the Natural Rate of Unemployment Declines ________
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If the Natural Rate of Unemployment Declines ________

Question 34

Question 34

Multiple Choice

If the natural rate of unemployment declines ________.


A) labor is more heavily utilized
B) potential output increases
C) the long run aggregate supply curve shifts to the right
D) all of the above
E) none of the above

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