Multiple Choice
Which of the following forms of unemployment probably imposes the greatest personal costs?
A) frictional unemployment.
B) structural unemployment.
C) cyclical unemployment.
D) voluntary unemployment.
Correct Answer:
Verified
Correct Answer:
Verified
Q12: A COLA is<br>A)a center of labor activity.<br>B)a
Q13: The relationship between inflation and unemployment is
Q14: According to Okun's law,if full-employment output is
Q15: Because the natural rate of unemployment is
Q16: The expectations-augmented Phillips curve is<br>π = π<sup>e</sup>
Q18: The long-run Phillips curve is<br>A)vertical.<br>B)horizontal.<br>C)upward sloping.<br>D)downward sloping.
Q19: What is the relation between the unemployment
Q20: When actual inflation is less than expected
Q21: Both classicals and Keynesians agree that policymakers<br>A)can
Q22: If nominal interest rates have a lower