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    Macroeconomics Study Set 39
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    Exam 14: Aggregate Supply and the Short-Run Tradeoff Between Inflation and Unemployment
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    The Idea That the Natural Rate of Unemployment Is Increased
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The Idea That the Natural Rate of Unemployment Is Increased

Question 36

Question 36

Multiple Choice

The idea that the natural rate of unemployment is increased following extended periods of unemployment is called:


A) Okun's law.
B) the cold-turkey approach.
C) the natural-rate hypothesis.
D) hysteresis.

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