If policymakers attempt to keep unemployment below its natural level, the unemployment rate will likely increase.
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Q196: (Figure: Policy Changes in the Short Run)
Q197: Which statement(s) is/are TRUE regarding the rational
Q198: One criticism of the rational expectations model
Q199: Some analysts blame the financial crisis of
Q200: If the rational expectations theory is correct,
Q202: According to the equation for the Phillips
Q203: The decrease in short-run aggregate supply during
Q204: Which of these is NOT a problem
Q205: How was the 2007-2009 recession different from
Q206: Monetized debt
A) is paid for by a
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