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According to the natural rate hypothesis, why does the unemployment rate change when the inflation rate rises? The unemployment rate changes because ________. A. a
According to the natural rate hypothesis, why does the unemployment rate change when the inflation rate rises? The unemployment rate changes because ________. A. a falling real wage rate increases the quantity of labor demanded B. a rising real wage rate decreases the quantity of labor demanded C. a rising real wage rate decreases the quantity of labor supplied D. a falling real wage rate increases the quantity of labor supplied
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