Changes in which of the following do NOT affect the natural unemployment rate?
A) the quantity of money
B) the minimum wage
C) unemployment benefits
D) structural change
E) the birth rate or other demographic data
A
Economics
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A south sea island produces only coconuts. In 2012, the price of a coconut is $1 and the quantity produced is 200. In 2013, the price of a coconut is $1.50 and the quantity produced is 250. 2012 is the base year. Real GDP in 2013 is ________
A) $375 B) $350 C) $200 D) $250 E) $1.50
Economics
If a seller's marginal cost is $25, and the price at which the good is sold is $15, the producer surplus is ________
A) -$10 B) $10 C) $15 D) $25
Economics