In the United States today, economists estimate that the natural rate of unemployment is between ________ and ________ percent
A) 3; 5.5 B) 3; 4 C) 6.5; 7.5 D) 5; 6.5
D
You might also like to view...
The government redistributes income to the poor, primarily through
A. regressive taxes and disability payments. B. transfer payments and progressive taxes. C. government purchases. D. higher wages.
"Demand" is a series of quantities demanded, one for each person in the market
a. True b. False Indicate whether the statement is true or false
Which of the following predictions can be made using the growth rates associated with the quantity equation, assuming velocity is stable?
A) If the money supply grows at a faster rate than real GDP, there will be inflation. B) If the money supply grows at a slower rate than real GDP, there will be inflation. C) If the money supply grows at the same rate as real GDP, the price level will be fall and there will be deflation. D) If the money supply grows at the same rate as real GDP, the price level will also increase at the same rate as real GDP.
Describe the law of diminishing marginal utility. On what assumptions is this law based?
Please provide the best answer for the statement.