The natural rate of unemployment when seasonally adjusted includes
A) frictional and structural unemployment but not cyclical.
B) frictional and cyclical unemployment but not structural.
C) frictional unemployment only.
D) cyclical and structural unemployment but not frictional.
A
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Use the following graphs to answer the next question.
In the graphs, the numbers in parentheses near the AD1, AD2, and AD3 labels indicate the levels of investment spending associated with each curve. All figures are in billions. What is the desired level of investment spending in this economy if the goal is to achieve a noninflationary, full-employment level of real GDP?
A. $100 billion B. $225 billion C. $150 billion D. $50 billion
A scatter diagram can be used to see
A) if the value of a variable is rising or falling. B) the value of a variable for different groups in a population. C) if a relationship exists between two variables. D) how a variable behaves over time. E) whether a variable is positively or negatively related to itself.
Monopolistically competitive firms are similar to perfectly competitive firms in the sense that both face horizontal demand curves for their product
a. True b. False
What are the main differences between adverse selection and moral hazard in the insurance market?
What will be an ideal response?