When Inflation Has Been Persistent, High Unemployment Rates Will Likely

question 38

Multiple Choice

When inflation has been persistent, high unemployment rates will likely be associated with:

• A) low but stable rates of inflation.
• B) high but stable rates of inflation.
• C) low natural rates of unemployment.
• D) decreases in the inflation rate.
• E) high natural rates of unemployment.

---

Definitions:

Ethical Principle

A foundation of guidelines for making moral decisions, typically used to address questions of fairness, justice, and rights.

Honest

The quality of being fair and truthful; free of deceit.

Possible Harm

The potential for damage, injury, or adverse effects in a situation, necessitating caution or preventive measures.

Benefits of Research

The valuable outcomes of research activities, which may include advancements in knowledge, societal improvements, and technological progress.