Solved

Suppose Economists Were Able to Measure Frictional Unemployment as 3%,cyclical

Question 88

Multiple Choice

Suppose economists were able to measure frictional unemployment as 3%,cyclical unemployment as 2%,and structural unemployment as 4%.Then we would know that the NAIRU is ________ and the actual unemployment rate is ________.


A) 6%; 5%
B) 5%; 9%
C) 7%; 9%
D) 7%; 7%
E) 6%; 6%

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q83: Suppose the NAIRU for Canada is 6%,the

Q84: What does the term NAIRU stand for?<br>A)non-accelerating

Q85: Canada's actual rate of inflation is fairly

Q86: Isolated negative aggregate supply shocks,in the absence

Q87: The first OPEC oil-price shock in 1973

Q89: The three figures below show the phases

Q90: The three figures below show the phases

Q91: In general,the sacrifice ratio will be smaller,the<br>A)shorter

Q92: The three figures below show the phases

Q93: A rightward shift in the AD curve