If actual inflation is less than expected inflation, actual real wages will be ________ expected real wages and unemployment will ________

A) less than; rise B) less than; fall C) greater than; rise D) greater than; fall

C

Economics

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List and explain the three fundamental economic questions that must be answered by all economic systems

What will be an ideal response?

Economics

The use of quarterly data to develop the forecasting model Yt = a +bYt?1 is an example of which forecasting technique?

a. Barometric forecasting b. Time-series forecasting c. Survey and opinion d. Econometric methods based on an understanding of the underlying economic variables involved e. Input-output analysis

Economics