Which of the following is true of the natural rate of unemployment?

A) The actual rate of unemployment is higher than the natural rate of unemployment during a recession.
B) The natural rate of unemployment excludes long-term structural unemployment.
C) The natural rate of unemployment is the socially optimal or desirable rate of unemployment.
D) The natural rate of unemployment excludes frictional unemployment.


A

Economics

You might also like to view...

Refer to the scenario above. If the investor plans to invest a sum of $4,000, the net present value of Option A is:

A) -$1,535.89. B) -$1,614.93. C) $898.46. D) $1,535.89.

Economics

The main contributor to growth in the HPAE according to empirical research was government industrial policies

Indicate whether the statement is true or false

Economics

Consumer surplus is given by the area:

a. above the supply curve but below the price b. below the supply curve c. below the demand curve but above the price d. below the demand curve e. none of the above

Economics

Which are liabilities to a bank?

A. Property and capital stock. B. Capital stock and demand deposits. C. Vault cash and demand deposits. D. Capital stock and reserves.

Economics