During the Great Depression, cyclical unemployment increased as the recession continued. This increase in cyclical unemployment
A) increased the natural rate of unemployment.
B) could have increased or decreased the natural rate of unemployment.
C) decreased the natural rate of unemployment.
D) had no effect on the natural rate of unemployment.
D
Economics
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Which of the following will possibly cause a leftward shift in the production possibility curve, representing good X and good Y?
a. A decrease in a country's GDP b. An increase in the price of good X c. An increase in the price of good Y d. A decrease in the price of good Y e. A decrease in the price of good X
Economics
What is the most important factor that explains differences in living standards across countries?
a. the quantity of money b. the level of unemployment c. productivity d. equality
Economics