In a market economy, government decides the answers to the three economic decisions

If a country's population growth rate exceeds the growth rate in its GDP, which of the following is true?

a. Per capita GDP is rising. b. Per capita GDP is not changing. c. Per capita GDP is falling. d. None of the above.

According to the modern expectational Phillips curve, unemployment will equal the natural rate of unemployment when

a. any inflation is present. b. inflation turns out to be lower than what people expected. c. inflation turns out to be higher than what people expected. d. inflation turns out to be equal to what people expected.