The natural rate is natural in the sense that macroeconomic policy
a. sees it all the time
b. can ignore it
c. can't do much about it
d. is a natural reaction to unemployment
e. has always recognized that some workers will be voluntarily unemployed
C
Economics
You might also like to view...
The authority of the government to take private property for public use, given just compensation to the owner, is known as
A) search and seizure. B) eminent domain. C) authoritarian capitalism. D) internalizing an externality.
Economics
Which region in the world has the lowest GNI per capita based on the World Bank Atlas method?
a. Sub-Saharan Africa b. East Asia/Pacific c. South Asia d. Latin America/The Caribbean
Economics