The natural rate of unemployment includes

A) frictional and cyclical unemployment.
B) frictional unemployment and structural unemployment.
C) only cyclical unemployment.
D) only unemployment due to layoffs and corporate downsizing.

B

Economics

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It is very important to distinguish between the short run and the long run when we are discussing

a) the aggregate demand b) the aggregate expenditures c) the aggregate supply d) changes in the price level e) all of the above

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What result of the Uruguay Round was the most significant for global trade?

What will be an ideal response?

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