The unemployment rate in Canada since 1950 has:
A) never been close to zero.
B) gravitated toward a steady-state rate of zero.
C) remained constant from year to year.
D) equaled the natural rate of unemployment in every year.
Correct Answer:
Verified
Q2: In a steady state:
A) no hiring or
Q5: The natural rate of unemployment is:
A)the average
Q6: If the steady-state rate of unemployment equals
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Q15: The natural rate of unemployment in Canada
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