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Author Question: If the economy is at potential output, expected inflation (Read 49 times)

londonang

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on: Apr 19, 2019

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.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by londonang on Apr 19, 2019

jomama

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Reply #1 on: Apr 19, 2019
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londonang

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Reply 2 on: Apr 19, 2019
Wow, this really help

frankwu0507

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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