When the actual unemployment rate equals the natural unemployment rate, inflation is
A) zero.
B) constant.
C) rising.
D) falling.
B
Economics
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Refer to the figure above. If the government institutes a minimum wage rate at $30, the unemployment in the market will be:
A) 25 units of labor. B) 10 units of labor. C) 15 units of labor. D) 20 units of labor.
Economics
The rate of return on capital is
A) much higher in rich countries than in poor countries. B) much lower in rich countries than in poor countries. C) not substantially higher in poor countries than in rich countries. D) not substantially higher in rich countries that in poor countries.
Economics