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When an economy is operating on its long-run aggregate supply curve, Select one: A. the unemployment rate is less than the natural unemployment rate. B.
When an economy is operating on its long-run aggregate supply curve,
Select one:
A. the unemployment rate is less than the natural unemployment rate.
B. real GDP demanded exceeds real GDP supplied.
C. the actual unemployment rate equals the natural unemployment rate.
D. inflation must be positive.
E. the actual inflation rate is greater than the expected inflation rate.
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