- CFA Exams
- CFA Level I Exam
- Study Session 4. Economics (1)
- Reading 14. Aggregate Output, Prices, and Economic Growth
- Subject 4. Aggregate Supply
CFA Practice Question
In the short run, the unemployment rate ______ the natural unemployment rate.
A. is always above
B. can fall below or rise above
C. is always below
Explanation: Real GDP can fall below or rise above potential GDP as well.
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