(Figure: Demand Shock Alpha) The movement shown in the figure will only increase the unemployment rate if:
A) actual inflation is equal to expected inflation.
B) actual inflation is lower than expected inflation.
C) actual inflation is higher than expected inflation.
D) there are no expectations concerning inflation.
Correct Answer:
Verified
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Q80: (Figure: Expectations 0) In the figure, what
Q81: (Figure: Expectations A) In the figure, what
Q82: (Figure: Expectations A) In the figure, what
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