In periods when GDP fails to grow at its normal rate, the actual unemployment rate will be ________ than the natural rate of unemployment
A) higher B) falling faster C) lower D) the same
A
You might also like to view...
Use the following table to answer the next question.OutputATC Plant 1ATC Plant 2ATC Plant 3ATC Plant 41,500$10$15$20$302,00081217252,50091015203,00012813183,50015611164,00018109144,50020127125,000241511105,50029191386,0003525159Plant sizes get larger as you move from Plant 1 to Plant 4. In the long run, the firm should use Plant 3's size for what level of output?
A. Less than 3,000 units B. 4,000 to 4,500 units C. 3,000 to 3,500 units D. 5,000 to 5,500 units
Find examples of scarcity in today's headlines
What will be an ideal response?
The adult population must equal the sum of the employed, the unemployed, and those not in the labor force
a. True b. False Indicate whether the statement is true or false
The rate of return on an investment in medical education:
a. will increase with an increase in the availability of student loans. b. is inversely related to the number of years in the profession. c. is much higher than the rate of return on an undergraduate business degree. d. is inversely related to the length of time spent in formal schooling. e. is inversely related to income.