If frictional unemployment increased, but structural unemployment decreased by more, the natural rate of unemployment:
a. Would increase
b. Would not change
c. Would decrease
d. Would be affected in an unpredictable manner
c
You might also like to view...
To a firm facing constant input prices, increasing marginal returns
a. means that each additional unit of output costs more to produce than the previous unit b. means that the marginal product of the variable input decreases as more of the input is used c. can occur due to specialization and division of labor d. usually occur at very high rates of output e. can never occur
In which of the following situations will the profit of a perfectly competitive firm always increase with an increases in its output?
a. When price is greater than marginal revenue b. When price is less than marginal revenue c. When price is greater than marginal cost d. When price is less than marginal cost e. When price is equal to marginal cost
Eric, a resident of Sweden, purchases a book printed in the U.S. Which country's exports increase?
a. Sweden's b. the U.S.'s c. Sweden's and the U.S.'s d. neither Sweden's nor the U.S.'s
Jose has one evening in which to prepare for two exams and can employ one of two possible strategies: The opportunity cost of receiving a 92 on the statistics exam is __________ points on the economics exam.
 ANSWER 4.png)