Based on the data in the table above, at the short-run equilibrium
A. the unemployment rate is less than the natural unemployment rate.
B. the unemployment rate is greater than the natural unemployment rate.
C. money wage rates will rise in long-run.
D. the economy is at full employment.
Answer:B
Based on the data in the table above, at the short-run equilibrium
A. the unemployment rate is less than the natural unemployment rate. B. the unemployment rate is greater than the natural unemployment rate. C. money wage rates will rise in long-run. D. the economy is at full employment.