The natural rate of unemployment equals the sum of those who are:
A) Frictionally and structurally unemployed
B) Frictionally and cyclically unemployed
C) Structurally and cyclically unemployed
D) Frictionally structurally and cyclically unemployed
Correct Answer:
Verified
Q12: The IS curve has a ------slope
A)Positive
B)Negative
C)Zero
D)None of
Q13: The LM curve has a ----- slope
A)Positive
B)Negative
C)Zero
D)None
Q14: ISLM model was developed by:
A)Hicks
B)Keynes
C)Friedman
D)None of these
Q15: The perfectly elastic segment of the LM
Q16: Which policy is effective in the Classical
Q17: Which policy is effective in the intermediate
Q18: IS-LM model was developed by:
A)Keynes
B)Walras
C)J.R.Hicks
D)Don-Patinkin
Q19: Frictional unemployment exists:
A)When there is a decrease
Q21: The marginal productivity of labour:
A)Increases when the
Q22: When saving is greater than investment in
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