For 2015 the U.S. natural rate of unemployment was estimated to be about 4.9 percent, which was close to the actual unemployment rate in 2015

a. True
b. False
Indicate whether the statement is true or false

True

Economics

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In the figure above, the richest 20 percent of all households receive what share of all income?

A) 10 percent B) 20 percent C) 30 percent D) 40 percent

Economics

If the Fed adopts a contractionary monetary policy, eventually we can expect: a. aggregate demand to increase

b. short-run aggregate supply to decrease. c. interest rates to decrease. d. planned investment expenditures to decrease. e. real Gross Domestic Product to increase.

Economics