If AD increases at a faster rate than AS, the result will be

When the housing bubble popped, the effect of the negative demand side shock and the negative supply side shock were the same on:

A. output, causing it to definitely decrease. B. prices, causing them to definitely rise. C. output, causing it to definitely increase. D. prices, causing them to definitely fall.

If cyclical unemployment is negative, then

A. the natural rate of unemployment is getting smaller. B. the actual unemployment rate is below the natural rate of unemployment. C. there have been some errors in classifying the type of unemployment experienced by some people. D. structural unemployment must be increasing.