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Looking at the Performance of the U

Question 1

Multiple Choice

Looking at the performance of the U.S.economy over the last five decades we realize that


A) whenever the inflation rate has decreased, the unemployment rate has also decreased
B) whenever the unemployment rate has increased, the inflation rate has decreased
C) unemployment and inflation are not necessarily inversely related
D) both inflation and unemployment have remained fairly stable over time
E) neither unemployment nor inflation has ever exceeded 10 percent

Correct Answer:

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