The Natural Rate of Unemployment Is Not Lowered by High

question 98

True/False

The natural rate of unemployment is not lowered by high inflation,so higher inflation cannot produce lower unemployment or more employment in the long run.

---

Definitions:

Natural Chemicals

Substances produced by living organisms found in nature that are not man-made or synthesized.

Synthetic Materials

Manufactured substances made from chemical synthesis, rather than those made from natural resources.

Hormesis

A biological phenomenon where a low dose of a harmful substance has a beneficial effect, while a high dose is toxic.

Endocrine System

A network of glands that produce and release hormones to regulate various bodily functions.