If the actual unemployment rate is below the natural rate of unemployment, it would be expected that: Options: A . &nbspwages would fall B . &nbspthe rate of inflation would increase C . &nbspthe Phillips curve would shift to the left D . &nbspthe natural rate of unemployment would fall

If the actual unemployment rate is below the natural rate of unemployment, it wo

Question

If the actual unemployment rate is below the natural rate of unemployment, it would be expected that:

Options:

A . wages would fall

B . the rate of inflation would increase

C . the Phillips curve would shift to the left

D . the natural rate of unemployment would fall

Answer: Option B
Answer: (b)

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