At Long-Run Equilibrium,inflation ___________ and Actual Output Is Equal to __________

question 39

Multiple Choice

At long-run equilibrium,inflation ___________ and actual output is equal to __________.

• A) equals the value determined by past expectations and pricing decisions;the level of output consistent with zero inflation
• B) equals the value determined by part expectations and pricing decisions;the level of short-run equilibrium output consistent with that inflation rate
• C) equals the value consistent with potential output;the level of output consistent with zero inflation
• D) is stable;potential output
• E) is stable;the level of output consistent with zero inflation

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