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Question 4 (10 points) Friedman's Non-Accelerating Inflation Rate of Unemployment (NAIRU) hypothesis reinforces : a Unequal values of the actual rate of inflation and the

Question 4 (10 points)

Friedman's Non-Accelerating Inflation Rate of Unemployment (NAIRU) hypothesis reinforces :

a
Unequal values of the actual rate of inflation and the expected rate of inflation.
b
Short-run indeterminacy of the equilibrium level of output.
c
The transmission mechanism between the real and monetary sectors.
d
Long-run neutrality between the real and monetary sectors.

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