During the past 50 years the natural rate of unemployment in Canada ______ during the 1970s and 1980s,compared with the 1950s and 1960s,and then ______ during the 1990s,compared with the previous two decades.

Question

Quizplus · Accepted Answer

The natural rate of unemployment in Canada increased during the 1970s and 1980s compared to the 1950s and 1960s due to factors like oil shocks and structural changes in the economy. It then decreased during the 1990s as the economy adjusted and improved.

During the Past 50 Years the Natural Rate of Unemployment