Under which combination of conditions would an economy probably see inflation decline while unemployment also falls at the same time?
- Aunemployment above the natural rate; actual growth rate in output above long-term trend rate of growth
- Bunemployment above the natural rate; actual growth rate in output below long-term trend rate of growth
- Cunemployment below the natural rate; actual growth rate in output above long-term trend rate of growth
- Dunemployment below the natural rate; actual growth rate in output below long-term trend rate of growth