The natural rate of unemployment is defined as the unemployment rate that exists in the absence of:
a. structural unemployment.
b. frictional unemployment.
c. cyclical unemployment.
d. seasonal unemployment.
e. inflation.
c
Economics
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When expected dollar-euro exchange rates rise, the foreign expected dollar return curve shifts:
a. in. b. out. c. not at all. d. Not enough information is provided to answer the question.
Economics
If the tax multiplier is -1.5 and a $200 billion tax increase is implemented, what is the change in GDP, holding everything else constant? (Assume the price level stays constant.)
A) a $133.33 billion increase in GDP B) a $133.33 billion decrease in GDP C) a $30 billion increase in GDP D) a $300 billion decrease in GDP E) a $300 billion increase in GDP
Economics