During an recession, the duration of unemployment ________ and the unemployment rate is ________ the natural rate of unemployment.
A) lengthens; greater than
B) lengthens; less than
C) shortens; greater than
D) shortens; equal to
E) does not change; equal to
Correct Answer:
Verified
Q211: According to the scenario above,in which of
Q221: Which of the following is true?
A)Real GDP
Q223: Full employment occurs when the
A)unemployment rate equals
Q229: When the economy is at full employment,the
A)natural
Q236: The natural unemployment rate is the unemployment
Q237: If the unemployment rate is less than
Q238: Full employment means that
A)the unemployment rate is
Q239: Natural unemployment equals the sum of
A)cyclical and
Q241: Who is cyclically unemployed?
A)Casey,who lost his job
Q259: When the unemployment rate is _ the
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