The natural rate of unemployment is
A) zero since everyone who is unemployed is voluntarily unemployed
B) determined in part by labor market frictions as people changes careers, etc.
C) rarely more than 3 percent
D) the amount of unemployment caused by an average recession
E) generally the result of misguided government policy
Correct Answer:
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Q35: Which of the following is FALSE for
Q36: Which of the following is FALSE for
Q37: When we look at unemployment in the
Q38: In a "jobless recovery,"
A)no new jobs are
Q39: The replacement ratio is
A)the reservation wage divided
Q41: Assume adult males have a 48% share
Q42: Assume the unemployment rates among different groups
Q43: Some research has found that a doubling
Q44: From 2006 to 2011, when the U.S.unemployment
Q45: Assume the unemployment rates among different groups
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