One reason for the fall in the natural rate of unemployment from 1980 to 2000 is
A)changes in the demographic composition of the work force.
B)the decline in inflation.
C)increased competition from foreign workers.
D)the depreciation of the dollar relative to foreign currencies.

Question

Quizplus · Accepted Answer

Changes in the demographic composition of the workforce, such as aging populations and shifts in the education and skill levels of workers, can impact the natural rate of unemployment by affecting labor force participation rates and the match between job seekers and job openings.

One Reason for the Fall in the Natural Rate of Unemployment