One reason for the fall in the natural rate of unemployment since 1980 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 an increase in the proportion of more experienced or educated workers, can lead to a lower natural rate of unemployment.

One Reason for the Fall in the Natural Rate of Unemployment