MCQOPTIONS
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| 1. |
The measured unemployment rate can be pushed below the natural rate, but ? |
| A. | only in the short run, and not without inflation |
| B. | only in the long run and not without inflation |
| C. | only is the short run and only if the price level is constant |
| D. | only in the long run and only if the price level is constant |
| Answer» B. only in the long run and not without inflation | |