MCQOPTIONS
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| 1. |
The natural rate hypothesis argues that ? |
| A. | in the long run the unemployment rate returns to the natural rate, regardless of inflation |
| B. | Unemployment is always below the natural rate |
| C. | Unemployment is always above the natural rate |
| D. | Unemployment is always equal to the natural rate |
| Answer» B. Unemployment is always below the natural rate | |