Management Notes

Management Notes

Reference Notes for Management

In short-run unemployment may fall below the natural rate of unemployment if:

In short-run, unemployment may fall below the natural rate of unemployment if:

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In short-run, unemployment may fall below the natural rate of unemployment if:

In short-run, unemployment may fall below the natural rate of unemployment if:

    1. Nominal wages have risen less than inflation
    2. Nominal wages have risen at the same rate as inflation
    3. Nominal wages have risen more than inflation
    4. Nominal wages have risen less than unemployment

Correct Answer: Nominal wages have risen less than inflation

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