The data suggest that in the European Union countries, the natural rate of unemployment
A) is now higher than in the U.S.
B) is no longer a relevant concept.
C) has steadily declined over the past two decades.
D) will soon exceed the percentage of the labor force that is working.
E) has become less "natural," since it is now almost entirely determined by the policies of a few large corporations.
A
You might also like to view...
Investment is the expenditure done by
A) savers. B) firms. C) the rest of the world. D) governments. E) Both answers A and B are correct.
Net exports are positively related to income in the rest of the world
Indicate whether the statement is true or false
Opportunity cost is always measured in dollar terms, rather than in terms of real goods and services
a. True b. False
All of the following institutions easily fit onto a majoritarian-consensus dimension EXCEPT ______.
A. federalism B. bicameralism C. unicameralism D. constitutionalism