Multiple Choice
Holding the actual unemployment rate below the natural unemployment rate eventually causes the natural rate to fall toward the actual,according to the ________ hypothesis,implying that an aggressive stimulative demand policy causes a ________ acceleration of inflation.
A) hysteresis,temporary
B) hysteresis,permanent
C) structuralist,temporary
D) structuralist,permanent
Correct Answer:
Verified
Correct Answer:
Verified
Q122: Lengthening of the average unemployment spell suggests
Q123: The layoff of workers in virtually all
Q124: The typical cyclically unemployed person includes<br>A)Andrew,a teenager
Q125: The difference between actual and natural unemployment
Q126: When the actual unemployment rate equals the
Q127: Which of the following will NOT affect
Q128: In the United States,who determines the combination
Q129: Presidents running for re-election are tempted to
Q130: Which of the following anti-inflation policies imposes
Q132: What is the "inflation tax"?<br>A)the difference between