What will likely lower structural unemployment?
A) People lower their reservation wages.
B) The labor force participation rate rises.
C) The Fed sells bonds.
D) The economy expands.
Correct Answer:
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Q18: Cyclical unemployment is caused by fluctuations in
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Q20: According to Okun's rule of thumb, if
Q21: Cyclical unemployment results from:
A)fluctuations in economic activity.
B)structural
Q22: According to Okun's rule of thumb, if
Q24: Unemployment caused by a recession is called:
A)frictional
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Q27: A reservation wage that is higher than
Q28: Which of the following types of unemployment
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