Which of the Following Statements Is Correct

question 1

Multiple Choice

Which of the following statements is correct?

• A)In the short run,unemployment and inflation are positively related.In the long run they are largely unrelated problems.
• B)Inflation and unemployment are positively related in the short run and in the long run.
• C)In the short run,unemployment and inflation are negatively related.In the long run they are largely unrelated problems.
• D)Inflation and unemployment are negatively related in the short run and in the long run.

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Definitions:

Plausible

Appearing reasonable or probable; believable or having an aura of truth.

Implausible

Lacking a sense of plausibility or credibility; unconvincing.

Informative

Providing useful or interesting information or data.

Patterns Of Explanation

Structured frameworks or methods used to elucidate how or why certain phenomena occur, aimed at enhancing understanding through logical reasoning.