Author Question: The longer the unemployment rate remains above the natural rate, the higher the natural rate. This ... (Read 87 times)

BRWH · **on:** Jun 30, 2018

The longer the unemployment rate remains above the natural rate, the higher the natural rate. This theory is known as historical analysis.
a. True
b. False
Indicate whether the statement is true or false

Question 2

The demand for money is a downward sloping line that depicts the relationship between the price level and the opportunity cost of holding money.
a. True
b. False
Indicate whether the statement is true or false