If the Current Unemployment Rate Is 5%,under Which of the Following

question 113

Multiple Choice

If the current unemployment rate is 5%,under which of the following circumstances would you expect the Fed to use expansionary monetary policy?

• A)if the natural rate of unemployment is below 5%
• B)if the natural rate of unemployment is above 5%
• C)if the inflation rate is above 5%
• D)if the inflation rate is below 5%

---

Definitions:

Harpers Ferry

A historic town in West Virginia known for John Brown's raid in 1859, an attempted armed slave uprising that played a significant role in heightening pre-Civil War tensions.

Slave Rebellions

Acts of organized resistance by enslaved people against their enslavement and oppression, occurring in various forms and locations throughout history.

Compromise of 1850

An agreement attempting to ease tensions between slave and free states surrounding the territories acquired during the Mexican-American War.

Missouri Compromise

An agreement passed in 1820 admitting Missouri as a slave state and Maine as a free state, to maintain the balance of power between North and South.