The natural rate of unemployment is
A) the unemployment rate when cyclical unemployment is the only type of unemployment.
B) the unemployment rate when there is no frictional unemployment.
C) the rate of unemployment associated with long-run equilibrium.
D) zero.
Ans: C) the rate of unemployment associated with long-run equilibrium.
Economics
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Describe the potential negative effects of an additional tax on the sale of all-terrain vehicles (ATVs) within the United States
What will be an ideal response?
Economics
Refer to the below table. The marginal revenue product of the third unit of the resource is:
A. $3
B. $5
C. $19
D. $36
Economics