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Author Question: If the economy is at potential output, expected inflation (Read 20 times)

londonang

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Question 1

The ________ unemployment rate can be pushed below the ________ rate, but only in the short run and not without inflation.


◦ frictional; structural
◦ cyclical; frictional
◦ natural; cyclical
◦ measured; natural

Question 2

If the economy is at potential output, expected inflation


◦ is greater than actual inflation.
◦ equals actual inflation.
◦ is less than actual inflation.
◦ equals the natural rate of unemployment.


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Marked as best answer by londonang on Apr 19, 2019

jomama

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londonang

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Reply 2 on: Apr 19, 2019
Excellent


zacnyjessica

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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