If the Fed raises the inflation rate and initially expected inflation does not change, in the short run the unemployment rate _{--------------------}the natural unemployment rate and in the long run the unemployment rate _{--------------------} the natural unemployment rate. A)is larger than; equals B)is less than; is larger than C)is larger than; is larger than D)is less than; is less than E)is less than; equals

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The Answer of If the Fed raises the inflation rate and initially expected inflation does not change, in the short run the unemployment rate _{--------------------}the natural unemployment rate and in the long run the unemployment rate _{--------------------} the natural unemployment rate. A)is larger than; equals B)is less than; is larger than C)is larger than; is larger than D)is less than; is less than E)is less than; equals

If the Fed Raises the Inflation Rate and Initially Expected