Limit pricing is a strategy which is intended to deter entry into an industry

Given an upward-sloping aggregate supply curve, which of the following is most likely to occur if the Fed sells bonds in the open market, ceteris paribus?

A. Greater inflation and more unemployment. B. Greater inflation and less unemployment. C. Lower average prices and less unemployment. D. Lower average prices and more unemployment.

When the unemployment rate is ________ the natural unemployment rate, real GDP is ________ potential GDP

A) below; above B) above; the same as C) the same as; below D) the same as; above E) above; above