Which of the following is the rate of unemployment that occurs after all adjustments in the labor market have occurred?
A) the frictional rate of unemployment
B) the natural rate of unemployment
C) the cyclical rate of unemployment
D) the structural rate of unemployment
Correct Answer:
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Q21: From 1950 until the late 1980s, the
Q25: The natural rate of unemployment is
A)zero.
B)the unemployment
Q26: According to the text, the probability of
Q27: Structural unemployment may result from all of
Q28: From the late 1980s to 2000, the
Q28: Frictional and structural unemployment both exist when
A)the
Q32: The Phillips curve shows the relationship between
A)the
Q34: The natural rate of unemployment includes
A)frictional and
Q35: Structural unemployment is likely to be affected
Q38: During a recession, the overall unemployment rate
A)
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