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Title: Suppose the economy is producing at the natural rate of output. Assuming a fixed natural rate of out Post by: valputin on Nov 29, 2015 Suppose the economy is producing at the natural rate of output. Assuming a fixed natural rate of output and everything else held constant, the development of a new, more productive technology will cause ________ in the unemployment rate in the long run and ________ in inflation in the short run.
A) no change; a decrease B) an increase; an increase C) a decrease; a decrease D) no change; no change Title: Re: Suppose the economy is producing at the natural rate of output. Assuming a fixed natural rate of Post by: Meela on Dec 1, 2015 Content hidden
Title: Re: Suppose the economy is producing at the natural rate of output. Assuming a fixed natural rate of out Post by: valputin on Dec 14, 2015 Correct
Title: Re: Suppose the economy is producing at the natural rate of output. Assuming a fixed natural rate of out Post by: Meela on Dec 14, 2015 @valputin,
Happy to help :) |