The aging of the labor force in the United States is likely to ________ the natural rate of unemployment; an increase in the efficiency of the labor market is likely to ________ the natural rate of unemployment.
A. increase; decrease
B. decrease; decrease
C. decrease; increase
D. increase; increase
Answer: B
You might also like to view...
Exchange rates determined by the forces of demand and supply are called
a. fixed exchange rates. b. floating exchange rates. c. equilibrium exchange rates. d. dirty exchange rates.
An efficient tax for a product with detrimental externalities would equal
A. marginal social cost minus marginal external cost. B. marginal private cost plus marginal external cost. C. marginal external cost minus marginal private cost. D. marginal social cost minus marginal private cost.
Which of the following is true?
A. Long-term bond yields move together but short-term yields do not. B. U.S. Treasury Bill yields are lower than the yields on commercial paper. C. Long-term bond yields are usually the same as short-term yields. D. Short-term bond yields move together but long-term yields do not.
Refer to the figure below. Suppose this demand curve shows the demand for lattes at a single coffee shop that charges $2.00 for a latte. If the manager wants to increase total revenue, what should the manager do? 
A. Increase the price from $2.00 to $2.50. B. Reduce the price from $2.00 to $1.00. C. Reduce the price from $2.00 to $1.75. D. Increase the price from $2.00 to $3.00.