Which of the following decreases the natural unemployment rate?
A) many young people entering the labor force
B) a recession
C) higher oil prices
D) rapid technological change that increases the demand for labor
E) a decrease in aggregate demand so that fewer workers are needed

Question

Quizplus · Accepted Answer

Rapid technological change that increases the demand for labor can decrease the natural unemployment rate as there will be more job opportunities available for workers.

Which of the Following Decreases the Natural Unemployment Rate