If there are more job vacancies in the economy than there are unemployed workers, then it is likely that
A) there is excessive involuntary unemployment in this economy.
B) fiscal policy aimed at increasing aggregate demand would cause the actual unemployment rate to move toward the NAIRU.
C) there is no structural unemployment in this economy.
D) the economy has a high NAIRU.
E) the actual unemployment rate is less than the NAIRU.
Correct Answer:
Verified
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