If the NAIRU Is 8% and the Actual Unemployment Rate

question 76

Multiple Choice

If the NAIRU is 8% and the actual unemployment rate is 5%,

• A)there is no pressure on the AS curve to shift.
• B)there is a recessionary gap.
• C)demand forces put upward pressure on wages.
• D)the AS curve will shift downward.
• E)it will get stuck there permanently.

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