If the natural rate of unemployment is 5.2 percent and the unemployment rate is 5.5 percent, then the unemployment gap is

A. ?5.8 percent.
B. ?0.3 percent.
C. +0.3 percent.
D. +5.8 percent.


Answer: C

Business

You might also like to view...

Conventional marketing and sales message are often prepared using the AIDA model

Indicate whether the statement is true or false.

Business

The benefits of an insurance company holding more capital include:

a. lower premiums b. better investment returns c. reduced risk of insolvency d. lower taxes for the insurer

Business

______ is a performance measure relating outputs to inputs.

a. Quality b. Productivity c. Value d. Labor cost

Business

A corporation that pollutes a body of water has not met its moral minimum duty of social responsibility even if the business later compensates those whom the pollution has injured

Indicate whether the statement is true or false

Business