Question
When the output gap is______the unemployment rate is_______the natural rate: A) Zero; zero B) Inflationary; above C) positive; below D) negative; below
When the output gap is______the unemployment rate is_______the natural rate:
A) Zero; zero
B) Inflationary; above
C) positive; below
D) negative; below
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Macroeconomics
Authors: Andrew B. Abel, Ben S. Bernanke, Dean Croushore, Ronald D. Kneebone
8th Canadian Edition
134646355, 9780134842615 , 978-0134646350
