Which is NOT consistent with the level of output in the long run?
A) the natural rate of output
B) full capacity output level
C) high inflation
D) the natural rate of unemployment

Question

Quizplus · Accepted Answer

High inflation is not consistent with the level of output in the long run as it indicates an overheating of the economy and is not sustainable in the long term. The other options, natural rate of output, full capacity output level, and the natural rate of unemployment are consistent with the level of output in the long run.

Which Is NOT Consistent with the Level of Output in the Long