Multiple Choice
Each of the following is a factor influencing the natural rate of unemployment except
A) the relative age and educational distribution of the labor force.
B) the rate of money supply growth.
C) the past level of the unemployment rate.
D) the type of institutions that characterize the labor market.
Correct Answer:

Verified
Correct Answer:
Verified
Q11: If inflation is above the central bank's
Q12: According to Okun's law,<br>A) when real GDP
Q13: An increase in the expected inflation rate
Q14: The equation for the Phillips curve is<br>A)
Q15: On a graph with the inflation and
Q17: The equation for the Phillips curve includes
Q18: If wages and prices are completely fixed<br>A)
Q19: Okun's law relates<br>A) employment and potential output.<br>B)
Q20: On a graph with the inflation and
Q21: The smaller the parameter <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB10397/.jpg" alt="The