Suppose We Know the Following Information About a Hypothetical Economy

question 77

Multiple Choice

Suppose we know the following information about a hypothetical economy: - actual unemployment rate = 6%
- NAIRU = 8%
- inflation rate = 4%
If the central bank tries to maintain the current output gap,we can expect the inflation rate to

• A)remain constant at 4%.
• B)fall below 4%.
• C)rise above 4%.
• D)cause stagflation.
• E)cause a recession.

---

Definitions:

Vacutainer Holder

A plastic or metal device used to hold a vacutainer tube during blood collection, ensuring stability and safety.

Butterfly Needle Method

A technique for accessing a vein using a small, winged needle primarily for drawing blood or administering medications.

SST Gel Tubes

Blood collection tubes containing a gel separator and clot activator used for serum separation in laboratory tests.

Venous Collection

A medical procedure involving the collection of blood from a vein, typically for testing purposes.