If the Reserve Bank raises the inflation rate and initially expected inflation does not change,in the short run the unemployment rate ________ the natural unemployment rate,and in the long run the unemployment rate ________ the natural unemployment rate.
A) is larger than;is larger than
B) is less than;equals
C) is less than;is less than
D) is larger than;equals
E) is less than;is larger than
Correct Answer:
Verified
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