Business, 23.12.2019 20:31 EricaCox1

The economy's self-correcting mechanism (market forces) a. tends to push unemployment toward a specific point called the natural rate of unemployment. b. works better at correcting inflationary gaps than recessionary gaps. c. cannot work if the phillips curve is vertical. d. ensures that the economy will not have to endure a long period of high unemployment.

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The economy's self-correcting mechanism (market forces) a. tends to push unemployment toward a speci...