Each of the following is a factor influencing the natural rate of unemployment except
A) the relative age and educational distribution of the labor force.
B) the rate of money supply growth.
C) the past level of the unemployment rate.
D) the type of institutions that characterize the labor market.

Question

Quizplus · Accepted Answer

The rate of money supply growth influences general economic conditions, such as inflation, but does not directly affect the natural rate of unemployment, which is determined by factors like labor force characteristics, historical unemployment levels, and labor market institutions.

Each of the Following Is a Factor Influencing the Natural