The natural rate of unemployment is the rate of unemployment
A) that occurs when the money market is in equilibrium.
B) that occurs when the markup of prices over costs is zero.
C) where the markup of prices over costs is equal to its historical value.
D) that occurs when both the goods and financial markets are in equilibrium.
E) none of the above
E
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Interest rate ceilings resulted in great profitability for banks in the 1970s
a. True b. False Indicate whether the statement is true or false
If the world price of a good is equal to its no-trade equilibrium price, the country will import more of the good from other nations
a. True b. False Indicate whether the statement is true or false
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A. trade between California and the rest of the U.S. B. trade between the U.S., Canada, and Central America. C. agricultural trade only. D. health food products.