Suppose that the unemployment rate falls from 6 percent to 5 percent and the inflation rate falls from 3 percent to 2 percent. Which of the following best explains these trends?
If the unemployment rate and inflation rate are both falling, they are likely the result of an increase in AS (either SRAS or LRAS).
269 MCQ for effective preparation of the test of Macroeconomics of Economics section.
Read the MCQ statement: Suppose that the unemployment rate falls from 6 percent to 5 percent and the inflation rate falls from 3 percent to 2 percent. Which of the following .... ns these trends? , keenly and apply the method you have learn through the video lessons for Macroeconomics to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 40-4050.