The normal level of unemployment that persists in an economy in the long run is:
A. also called the equilibrium rate of underemployment.
B. zero when the market is equilibrium.
C. always achieved in the real world.
D. called the natural rate of unemployment.
Answer: D
Economics
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The LM curve illustrates that when income increases, the
A) price level must increase to clear the asset market. B) real interest rate on nonmonetary assets must increase to clear the asset market. C) price level must increase to clear the goods market. D) real interest rate on nonmonetary assets must increase to clear the goods market.
Economics
Antitrust risks from vertical integration are usually ______than those from horizontal integration
a. Higher b. Lower c. About the same as d. None of the above
Economics