Q
The natural rate hypothesis argues that ?
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A
A. In the long run the unemployment rate returns to the natural rate, regardless of inflation
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B
B. Unemployment is always below the natural rate
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C
C. Unemployment is always above the natural rate
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D
D. Unemployment is always equal to the natural rate
Correct Answer:
A. A. In the long run the unemployment rate returns to the natural rate, regardless of inflation