Policies that reduce the time it takes unemployed workers to find new jobs
a. can reduce both frictional unemployment and the natural rate of unemployment.
b. can reduce frictional unemployment, but they cannot reduce the natural rate of unemployment.
c. cannot reduce frictional unemployment, but they can reduce the natural rate of unemployment.
d. cannot reduce either frictional unemployment or the natural rate of unemployment.
a
You might also like to view...
Suppose that the supply curve remains unchanged. If the demand curve shifts to the right
A) the market clearing price definitely will decrease. B) the market clearing price definitely will increase. C) there will be no change in the market clearing price. D) the market will collapse.
A lump-sum tax:
A. takes the same percentage of taxes from income from all taxpayers. B. requires those with low incomes to pay a smaller percentage of their income than high-income people. C. is levied so that low-income taxpayers pay a greater proportion of their income toward taxes than high-income taxpayers. D. taxes everyone the same amount, regardless of their income.
One of the important differences between binding and not binding price ceiling is that a binding price ceiling is set above the equilibrium price, while a not binding price ceiling is set below the equilibrium price
a. True b. False Indicate whether the statement is true or false
A rise in the price level decreases the real value of financial assets with fixed money values and, as a result, decreases spending by the holders of these assets.
Answer the following statement true (T) or false (F)