638EconomicsMedium
In the short run unemployment may fall below the natural rate of unemployment if?
ANominal wages have risen less than inflation
BNominal wages have risen more than inflation
CNominal wages have risen less than unemployment
DNominal wages have risen at the same rate as inflation
Correct answer
B. Nominal wages have risen more than inflation
Explanation
The correct answer is Nominal wages have risen more than inflation.