If there is 2 percent frictional unemployment, 3 percent structural unemployment, and 1 percent cyclical unemployment, then the natural rate of unemployment equals:

If the price elasticity of demand for moose hunting lessons is 4.23, then the demand for moose hunting lessons is

A) elastic. B) unit elastic. C) inelastic. D) perfectly unit elastic. E) perfectly elastic.

The principal result of the rising value of the U.S. dollar in the mid-1990s was the

a. lower foreign inflation. b. lower U.S. interest rates. c. opportunities for currency speculation. d. attractive investments in U.S. technology.