The natural rate of unemployment occurs if there is no

a. unemployment.
b. frictional unemployment.
c. structural unemployment.
d. cyclical unemployment.


D

Economics

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Which of the following statements is not correct?

a. Two examples of early antitrust laws are the Sherman and Clayton Antitrust Acts. b. Antitrust laws automatically prevent mergers between companies that produce similar products. c. Antitrust laws give the government power to increase competition. d. Antitrust laws can reduce social welfare if they prevent mergers that would lower costs through more efficient joint production.

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Economics