Multiple Choice
In macroeconomic models,the idea that NAIRU can be influenced by the actual rate of unemployment is referred to as
A) efficiency-wage unemployment.
B) hysteresis.
C) the market-clearing theory.
D) rational expectations.
E) the Phillips curve.
Correct Answer:

Verified
Correct Answer:
Verified
Q4: Many economists believe that the more strict
Q5: The table below shows real GDP,potential GDP
Q6: Another name for "frictional" unemployment is<br>A)economic unemployment.<br>B)real-wage
Q7: One reason that economists are interested in
Q8: The theory of "efficiency wages" provides<br>A)a way
Q10: The economy in the diagram below begins
Q11: Non-market-clearing theories of unemployment emphasize wage stickiness.Wage
Q12: The table below provides hypothetical unemployment,employment,and labour
Q13: If labour markets had perfectly flexible wages,as
Q14: The labour market in the diagram below