The natural rate of unemployment includes frictional, cyclical, and structural unemployment
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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According to the theory of hysteresis, a prolonged recession will:
a. decrease the natural rate of unemployment. b. increase cyclical unemployment. c. decrease the sacrifice ratio. d. increase the natural rate of unemployment.
Economics
At the end of the 18th century, approximately _______ percent of the American people earned a major portion of their income by farming
a. 25 b. 50 c. 70 d. 90
Economics