The natural rate of unemployment is the estimated rate of unemployment that would prevail when ________ unemployment is zero

For a given real interest rate, an increase in the inflation rate reduces the after-tax real interest rate

a. True b. False Indicate whether the statement is true or false

Refer to the figure below. If Mallory and Rick are the only two consumers in this market and the price of soda increases from $0.75 to $1.00 per can, the quantity of soda demanded in the market will ________ by ________ cans per week. 

A. decrease; 20 B. increase; 40 C. increase; 20 D. decrease; 40