The measured unemployment rate can be pushed below the natural rate, but ?

Related Mcqs:

The Phillips curve is a graph showing the relationship between ?

A. the price level and the unemployment rate B. the inflation rate and the unemployment rate C. the level of aggregate output and the price level D. the inflation rate and the level of aggregate demand...

The view of the Phillips curve that prevailed in the 1960s implied that policies that ?

A. lower unemployment rate will tend to lower the inflation rate B. lower unemployment rate will tend to raise the inflation rate C. raise inflation rate will tend to raise the unemployment rate D. lower inflation rate will tend to raise the unemployment rate...

The classical view of the labor market is basically consistent with the assumption of _________ aggregate supply curve?

A. a vertical (or almost vertical) B. a downward sloping C. a horizontal (or almost horizontal) D. an upward sloping...

Expansionary fiscal policy in the classical model will cause aggregate demand to _______ potential output?

A. exceeds B. fall below C. fluctuate around D. remain equal to...

During Periods of rising inflation and rising interest rates we expect the demand for real cash to ?

A. rise B. fall C. not changes D. fluctuates...