If there are more job vacancies in the economy than there are unemployed workers,it is likely that
A) fiscal policy aimed at increasing aggregate demand would cause the actual unemployment rate to move toward the NAIRU.
B) the actual unemployment rate is less than the NAIRU.
C) the economy has a high NAIRU.
D) there is excessive involuntary unemployment in this economy.
E) there is no structural unemployment in this economy.
Correct Answer:
Verified
Q1: When real GDP is greater than potential
Q2: Suppose that next year 300 000 existing
Q3: Suppose the official rate of unemployment reported
Q4: Suppose the official rate of unemployment reported
Q6: Suppose in a given month the flow
Q7: When real GDP is less than potential
Q8: The total amount of unemployment in the
Q9: If the actual unemployment rate is one
Q10: When the growth rate of the labour
Q11: Suppose one worker,currently in the labour force,is
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents