The unemployment rate in the United States since 1952 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
Q3: Unemployment caused by the time it takes
Q4: Frictional unemployment is inevitable because:
A) different sectors
Q5: Economists call the changes in the composition
Q6: A policy that decreases the job separation
Q7: Any policy aimed at lowering the natural
Q8: All of the following are reasons for
Q9: Frictional unemployment is unemployment caused by:
A) wage
Q10: If the number of employed workers equals
Q11: In the model of the steady-state unemployment
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