From the late 1980s to 2000, the natural rate of unemployment
A) fluctuated up and down, following the path of the actual rate of unemployment.
B) gradually declined.
C) climbed sharply.
D) held constant.
B
Economics
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Which of the following support the idea that monetary policy should be made by a rule?
a. the political business cycle and the time-inconsistency problem b. the political business cycle but not the time-inconsistency problem c. the time-inconsistency problem, but not the political business cycle d. neither the political business cycle nor the time-inconsistency problem
Economics
The theory of comparative advantage is credited to
A. Adam Smith. B. Milton Friedman. C. John Maynard Keynes. D. David Ricardo.
Economics