If Policymakers Want to Keep Unemployment Below the Natural Rate

question 263

True/False

If policymakers want to keep unemployment below the natural rate, they must continually increase aggregate demand so that inflation is always greater than anticipated, thereby setting up an inflationary spiral.

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The practice of recording information captured from another source, typically in the context of a lecture or reading.

Visual

Pertaining to the sense of sight or visual aids.

Kinesthetic

Pertaining to the kinesthetic sense, which is responsible for perceiving the position, weight, or motion of muscles, tendons, and joints.