The Friedman Natural Rate Theory States That

question 4

Multiple Choice

The Friedman natural rate theory states that

• A) in both the short run and the long run the economy stays at its natural rate of unemployment.
• B) the economy will not return to its natural rate of unemployment in either the short run or the long run.
• C) the economy stays at its natural rate of unemployment in the short run,but not in the long run.
• D) in the long run the economy returns to its natural rate of unemployment.

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Definitions:

Color

The aspect of visual perception by which an observer is able to distinguish otherwise identical objects based on the wavelength of the light they reflect, emit, or transmit.

Iris

The hue-bearing region of the eye that adjusts how wide the pupil is and governs the quantity of light entering.

Inner Lining

Refers to the innermost layer of a structure, such as the lining of organs, vessels, or cavities in the body.

Light Sensitive

Having a heightened responsiveness or susceptibility to the effects of light.