If the fed raises the inflation rate and initially expected


If the Fed raises the inflation rate and initially expected inflation does not change, in the short run the unemployment rate ________ the natural unemployment rate, and in the long run the unemployment rate ________ the natural unemployment rate.

A) is less than; is less than

B) is less than; equals

C) is larger than; equals

D) is less than; is larger than

E) is larger than; is larger than

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Business Economics: If the fed raises the inflation rate and initially expected
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