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CIMAPRA17-BA1-1 Exam - Topic 3 Question 122 Discussion

Actual exam question for CIMA's CIMAPRA17-BA1-1 exam
Question #: 122
Topic #: 3
[All CIMAPRA17-BA1-1 Questions]

The existence of a natural rate of unemployment means that

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Suggested Answer: D

by Hollis at Mar 02, 2026, 03:57 PM

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Dong
15 days ago
Wait, are we sure about this natural rate thing? Sounds fishy.
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Pilar
20 days ago
I think D makes more sense, there’s always a trade-off!
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Shelton
25 days ago
C is definitely true, can't push unemployment below that level.
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Art
1 month ago
D makes sense, long-term trends show no trade-off.
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Robt
1 month ago
A is correct, the short run curve is indeed steeper.
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Olen
1 month ago
Wait, so there's no trade-off in the long run? That's surprising!
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Louvenia
2 months ago
I disagree, I think governments can still make a difference.
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Val
2 months ago
C is definitely true, can't push unemployment below that rate.
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Dannette
2 months ago
I vaguely recall something about the Phillips curve being different in the short run versus the long run, but I can't remember if that makes A or D correct.
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Ethan
2 months ago
I'm not entirely sure, but I feel like the natural rate means we can't just keep pushing unemployment lower without consequences, which might support C again.
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Antonio
2 months ago
I remember discussing the Phillips curve in class, and I think D makes sense because it talks about the long run, where inflation and unemployment aren't really linked anymore.
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Filiberto
2 months ago
I think the natural rate of unemployment suggests that there's a level we can't go below, so maybe C is right?
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