The long-run rate of unemployment to which an economy always gravitates is the
A) normal rate of unemployment.
B) natural rate of unemployment.
C) neutral rate of unemployment.
D) inflationary rate of unemployment.
B
You might also like to view...
If three pizza delivery companies agree that one company will service only the rural areas of a state, one only suburban areas, and the one only the urban areas, this is an example of ________.
A) price fixing B) market division C) bid rigging D) monopolization
The price index that measures the average rate of change in the prices received by domestic producers of goods and services is called the:
A. GDP deflator. B. PCE deflator. C. CPI. D. PPI.
What is Joseph Stiglitz' main criticism regarding intellectual property rights protection?
What will be an ideal response?
What is the formula for the average product of labor?
A. ?q/?L B. L/q C. ?L/?q D. q/L