The evidence for the U.S. suggests that the natural rate of unemployment has
A) increased by more than 5% since the 1960s.
B) increased by 1 to 2% since the 1960s.
C) decreased from 2000-2007, lower than it had been in the 1980s.
D) decreased by more than 5% since the 1960s.
E) fluctuated over time since the 1960s.
C
You might also like to view...
In a society in which everyone lives at the subsistence level, the Gini coefficient is 0.
Answer the following statement true (T) or false (F)
Historically, when a diverse set of stocks is held over a lengthy time period, stocks have yielded a ____ rate of return, and the variation in the rate of return has been ____
a. low; low b. low; high c. high; low d. high; high
According to the equation of exchange, if real output and the money supply stay the same and the price level increases:
A. nominal GDP remains constant. B. the velocity of money has to increase. C. the velocity of money has to decrease. D. the real GDP had to rise.
Without price discrimination, the monopolist sells every unit at the same price. As a consequence,
a. marginal revenue is equal to price. b. marginal revenue is equal to average revenue. c. price is greater than marginal revenue. d. Both a and b are correct.