The unemployment rate in the absence of cyclical increases or decreases in the economy is known as
A) the natural rate of unemployment.
B) the anticyclical employment rate.
C) the structural rate of unemployment.
D) the absence unemployment rate.
E) None of these
Correct Answer:
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Q67: Which of the following might cause the
Q68: The term natural in the phrase natural
Q69: Frictional unemployment occurs because
A)it takes time to
Q70: Frictional unemployment is defined as the increase
Q71: Cyclical unemployment can best be described as
Q73: The natural unemployment rate is caused by
Q74: The natural unemployment rate
A)can be precisely estimated
Q75: Structural unemployment occurs because
A)of inflation.
B)people have insufficient
Q76: The type of unemployment that occurs because
Q77: Economists agree that the natural rate of
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