The rate of technological progress is an important determinant of ________

A) long-run variation in economic growth B) long-run increases in interest rates
C) short-run variation in employment rates D) short-run variation in economic growth

A

Economics

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A newspaper headline reads "A New Wave of Workers Enters the Job Market!" This wave of young, new entrants to the labor market is likely to lead to

A) no effect on the unemployment rate. B) an increase in the natural unemployment rate. C) a decrease in the natural unemployment rate but an increase in the actual unemployment rate. D) a decrease in the unemployment rate. E) a decrease in the country's potential GDP.

Economics

An aggregate supply (AS) curve depicts the relationship between

What will be an ideal response?

Economics