When cyclical unemployment is zero
A) frictional unemployment is zero.
B) cyclical and frictional unemployment are zero.
C) structural unemployment is zero.
D) the unemployment rate equals the natural unemployment rate.
D
You might also like to view...
When Italy buys Boeing jets, the price Italy pays is ________ if it produced its own jets and the price Boeing receives is ________ than it could receive from an additional U.S. buyer
A) lower than; lower B) higher than; higher C) lower than; higher D) higher than; lower E) the same as; higher
Theoretically, when a currency depreciates one can predict that
A. the price level will rise and real GDP will rise. B. the price level will fall and real GDP will fall. C. real GDP will rise, but price change is not predictable. D. the price level will rise, but real GDP change is not predictable.