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Economics
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21 Oct 2020

If inflation decreases and the unemployment rate increases this implies

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Vaishali Yadav
Vaishali YadavLv10
21 Oct 2020
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Principles of Economics
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Related questions

Inflation implies that the level of all prices:

a. decreases

b. increases

c. remains the same

d. any of the above

In which of the scenarios listed here will the unemployment rate fall below the natural rate of unemployment? There could be more than one answer.

A. Inflation is steady at 3% for two years but then decreases to 1% for a year.

B. Inflation is steady at 5% for several years.

C. Inflation is steady at 2% for three years, and the Fed unexpectedly increases the money supply, causing inflation to increase to 3% the following year.

D. Inflation is steady at 1% for three years but then increases to 4% for one year.

5) When a minimum wage is set above the equilibrium wage rate, A) unemployment decreases. B) job search activity decreases. C) the supply of workers decreases. D) unemployment increases. E) the supply of workers increases.

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