The actual rate of unemployment will generally
a. increase as an economy enters an economic boom period.
b. decrease as an economy enters an economic boom period.
c. exceed the natural rate of unemployment during an economic boom period.
d. do both a and c.
B
You might also like to view...
A decrease in supply means:
A) a shift to the left of the entire supply curve. B) moving downward (to the left) along the supply curve with lower prices. C) less will be demanded at every price. D) more will be supplied at every price.
A trade deficit involves:
a. net flows of goods from foreign countries to the domestic government. b. net money flows from the foreign firms to the domestic government. c. net money flows from the domestic firms to the domestic government. d. net money flows from the foreign firms to the domestic firms. e. net flows of goods from foreign countries to the domestic firms.