For this question, assume that the Phillips curve equation is represented by the following equation: ?t - ?t-1 = (m + z) - ?ut. Given this information, the natural rate of unemployment will be equal to
A) m + z.
B) (m + z - ?).
C) ?(m + z).
D) 0.
E) none of the above
E
Economics
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Structural change influences the unemployment rate and such structural change is created by changes in
A) real GDP. B) technology. C) the minimum wage. D) population. E) the seasons.
Economics
The income that households have left after paying their taxes and paying for their consumption is known as _____
Fill in the blank(s) with correct word
Economics