The natural rate of unemployment:
A) Means that the economy will always operate at that rate
B) Means that the economy will always realize its potential output
C) Is equal to the total of frictional and structural unemployment
D) Is a fixed unemployment rate that does not change over time
Correct Answer:
Verified
Q54: If the actual rate of unemployment is
Q55: "Full employment" refers to the situation when
Q56: If the GDP gap is positive, then:
A)
Q58: The following items describe the responses of
Q60: The amount by which actual GDP falls
Q61: When inflation occurs:
A) All prices are rising
B)
Q62: The inflation rate measures the percentage growth
Q63: Unemployment rates for men and women normally
Q64: If the Consumer Price Index for a
Q198: If the natural rate of unemployment was
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