If the natural rate of unemployment in a country is 6% and the unemployment rate in the country is 8%, the cyclical unemployment in the country must be:

Which of the following is true about monetary policy?

A. It is ineffective in the long run and difficult in the short run. B. It is effective in the long run and easy in the short run. C. It is ineffective in the short run and difficult in the long run. D. It is effective in the short run and easy in the long run.

Financial markets promote economic efficiency by

A) channeling funds from investors to savers. B) creating inflation. C) channeling funds from savers to investors. D) reducing investment.