If the Economy Is at Potential Output, Actual Inflation

question 47

Multiple Choice

If the economy is at potential output, actual inflation

• A) is greater than expected inflation.
• B) equals expected inflation.
• C) is less than expected inflation.
• D) equals the natural rate of unemployment.

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Definitions:

Disparate Impact

A condition in which employment practices are seemingly neutral yet disproportionately exclude a protected group from employment opportunities.

Employer's Intent

The specific goals, plans, or purposes a company aims to achieve concerning its employees and working environment.

Occupational Safety

Policies, procedures, and practices designed to protect workers from workplace hazards and accidents.