The NAIRU:
A. can change over time.
B. is difficult to measure.
C. occurs at the economy's level of potential output.
D. All of these statements are true.
Answer: D
Economics
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The largest major change in the U.S. labor force participation rate during the last few decades has been
A) the increase in the number of illegal immigrants in the United States. B) the decrease in the number of working women. C) the number of prisoners dropping out of the labor force. D) the increase in the number of working women.
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The balance sheet of a bank shows its
A) assets and liabilities. B) earnings and expenses. C) revenues and costs. D) profits and losses.
Economics