Other things equal, the unemployment rate falls if
A) the demand for labor decreases.
B) aggregate output decreases.
C) the supply of labor decreases.
D) aggregate demand decreases.
Correct Answer:
Verified
Q221: The economy experiences both _ and _
Q222: If aggregate demand increases while aggregate supply
Q223: If aggregate demand decreases while aggregate supply
Q224: The relationship between inflation and unemployment is
Q225: If the AS curve shifts from year
Q227: The United States began to pull out
Q228: The economy experiences both inflation and unemployment
Q229: If the AD curve shifts from year
Q230: If inflationary expectations decrease, the Phillips curve
Q231: There is no systematic relationship between the
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