Multiple Choice
Which of the following would be likely to lead to a decrease in the natural rate of unemployment?
A) an increase in the number of teenagers in the workforce
B) a decrease in the length of time during which people can receive unemployment benefits
C) a prolonged recession
D) all of the above
Correct Answer:
Verified
Correct Answer:
Verified
Q37: Suppose the inflation rate is 3 percent
Q38: If the public forms their expectations rationally,
Q39: If nominal GDP is $16 trillion and
Q40: The natural rate of unemployment does not
Q41: Recall the Application about the study by
Q43: If nominal wages increase by 5 percent
Q44: Suppose workers negotiate for a 5 percent
Q45: Suppose that union leaders negotiate a significant
Q46: Suppose the economy has been at full
Q47: What factors can shift the natural rate