If the Actual Price Level Is Lower Than the Expected

question 185

Multiple Choice

If the actual price level is lower than the expected price level reflected in long-term contracts,

• A) the actual rate of unemployment will be less than the natural rate of unemployment.
• B) the actual rate of unemployment will exceed the natural rate of unemployment.
• C) the natural rate of unemployment will rise.
• D) the natural rate of unemployment will fall.

---

Definitions:

Suprachiasmatic Nucleus

A tiny region of the brain in the hypothalamus responsible for controlling circadian rhythms.

Master Clock

Refers to the body's internal time-keeping system, located in the brain, that regulates circadian rhythms and sleep-wake cycles.

Pineal Gland

A small endocrine gland in the brain involved in the production of melatonin, a hormone that regulates sleep patterns.

Suprachiasmatic Nucleus

A tiny region in the brain's hypothalamus responsible for controlling circadian rhythms, essentially acting as the body's internal clock.