If a countrys policy makers were to continuously use expansionary monetary policy in an attempt to hold unemployment below the natural rate the long-run result would be ?

A. a decrease in the unemployment rate

B. All of these answers

C. an increase in the rate of inflation

D. an increase in the level of output

Be the first to comment if anything wrong with this mcq
Your comment successfully submitted!
It will automatically posted after review and approval by our staff member.