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6 years ago
The inflation rate, actual employment rate and natural rate of unemployment from 1980 to 1996 indicate that
A) the inflation rate fell when the actual unemployment rate exceeded the natural unemployment rate.
B) the inflation rate increased when the natural rate of unemployment exceeded the actual unemployment rate.
C) during most of this period the inflation rate was falling and the actual unemployment rate exceeded the natural rate of unemployment.
D) All of the above.
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
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thecromthecrom
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