Over the last five decades, the natural rate of unemployment has
A) always been around 4%
B) declined from about 5.5% in the 1950s to about 4% in 2009
C) changed as the composition of the labor force has changed
D) consistently declined as more women entered the labor force
E) increased from 3% in the 1950s to 8% in the 1980s, but decreased ever since
Correct Answer:
Verified
Q11: Which of the following does NOT affect
Q12: Which of the following can affect the
Q13: Unemployment hysteresis refers to the fact that
A)high
Q14: Frictional unemployment is
A)the unemployment that exists even
Q15: Concerns about high unemployment
A)are not justified since
Q17: Which of the following statements is FALSE?
A)there
Q18: Which of the following statements is TRUE
Q19: If we look at U.S.unemployment by duration
Q20: Okun's law states that if the unemployment
Q21: Roughly how large was the working-age population
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