Which of the following policies would NOT affect the natural unemployment rate?
A) a reduction in minimum wages
B) an increase in public-service employment
C) an increase in subsidized private employment
D) a reduction sales taxes
D
You might also like to view...
The nominal interest rate is 12 percent and the inflation rate is 4 percent. The opportunity cost of holding a dollar for a year is
A) 16 cents. B) 88 cents. C) 48 cents. D) 12 cents. E) 8 cents.
When the U.S. government buys aircraft from BAe, a British corporation, it pays for them using
A) euros. B) pounds. C) dollars. D) foreign exchange rates.
Explain how new technologies, which increase productivity, affect the average variable cost, average total cost, and marginal cost curves
What will be an ideal response?
If a firm makes zero economic profit, then the firm
A) has no incentive to stay in the industry. B) is better of exiting the industry. C) is indifferent between staying and exiting the industry. D) will shut down.