When unemployment is below the natural rate Multiple Choice O O inflation tends to slow. the inflation rate tends to increase. frictional unemployment tends to increase. structural unemployment tends to decrease.
When unemployment is below the natural rate Multiple Choice O O inflation tends to slow. the inflation rate tends to increase. frictional unemployment tends to increase. structural unemployment tends to decrease.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:When unemployment is below the natural rate
Multiple Choice
O
O
inflation tends to slow.
the inflation rate tends to increase.
frictional unemployment tends to increase.
structural unemployment tends to decrease.
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