NAIMMCQ Microeconomics The natural rate of unemployment is 5.5% and the actual rate of unemployment is 12%. An economic policy that increases aggregate demand is likely to:

The natural rate of unemployment is 5.5% and the actual rate of unemployment is 12%. An economic policy that increases aggregate demand is likely to:

Microeconomics

The natural rate of unemployment is 5.5% and the actual rate of unemployment is 12%. An economic policy that increases aggregate demand is likely to:

A. Increase real GDP
B. Cause a wage-price spiral
C. Increase wages
D. Have significantly large effect on the price spiral

Answer: A

NAIMMCQ

The natural rate of unemployment is 5.5% and the actual rate of unemployment is 12%. An economic policy that increases aggregate demand is likely to:

The natural rate of unemployment is 5.5% and the actual rate of unemployment is 12%. An economic policy that increases aggregate demand is likely to:

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