When productivity growth has been rapid and then slows,the natural rate of unemployment is likely to ________.
A) decrease
B) be unaffected
C) increase
D) vary unpredictably
Correct Answer:
Verified
Q77: Q78: The actual unemployment rate is equal to Q79: Many economists view _ as explaining most Q80: Katz and Krueger found that minimum wage Q81: The natural rate of unemployment is higher Q83: Over long periods of time,the cyclical rate Q84: How might the increase in the natural Q85: If productivity growth accelerates,but workers do not Q86: Suppose the marginal product of labor is Q87: The natural rate of unemployment _.
A)is roughly
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