Historically, the following relationships have been observed except - ProProfs Discuss
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Historically, the following relationships have been observed except for:



A. Lower unemployment brings higher inflation
B. Higher inflation brings higher interest rates
C. Higher unemployment brings high wages
D. Higher taxes bring lower consumption

This question is part of MacroEconomics Exam Review
Asked by Coulter, Last updated: May 10, 2020

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1 Answer

John Smith

John Smith

Answered Nov 28, 2016

Higher unemployment brings high wages
 

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