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Yakvenalex [24]
2 years ago
15

Suppose each of the following rows represents the choice faced by policy makers given the current set of U.S. institutions and t

echnology. What is the opportunity cost of reducing unemployment from 8 percent to 4 percent?
Unemployment Inflation
10 5
3 5
8 7
4 4
6 10

A. 6 percentage points of unemployment
B. 4 percentage points of unemployment
C. 4 percentage points of inflation
D. 6 percentage points of inflation
Social Studies
1 answer:
Tanzania [10]2 years ago
3 0

Answer:

Option "C" is correct

Explanation:

Bringing down the inflation level will help sort money circulation and in turn achieving the unemployment goal.

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