The equilibrium rate of unemployment:
A) Is the average level of unemployment over 50 years.
B) Is the average level of unemployment over the last 12 months.
C) Is the level of unemployment at the Full Employment level.
D) Is the level of unemployment the government is aiming to achieve.
Correct Answer:
Verified
Q1: Cyclical unemployment is most likely:
A) In a
Q2: Structural unemployment occurs when:
A) There is a
Q3: The number of people who are looking
Q4: Which of the following is a demand-side
Q5: If an economy has high levels of
Q7: Supply-side economics is most useful to reduce:
A)
Q8: Cyclical unemployment is linked directly to the
Q9: Supply-side policies will increase the number of
Q10: One way of measuring unemployment is to
Q11: Which of the following is a measure
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