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8. If the unemployment rate is below its natural rate, then ________. Group of answer choices output is above its potential level wages and prices will rise more rapidly and the AS curve will shift to
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8. If the unemployment rate is below its natural rate, then ________. Group of answer choices output is above its potential level wages and prices will rise more rapidly and the AS curve will shift to the left there is excess tightness in the labor market all of the choices are correct

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Answer:

Output is below its potential level.

User Mxc
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