If the economy is in long-run equilibrium, the actual unemployment rate is less than the natural unemployment rate

Indicate whether the statement is true or false

False

Economics

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A secondary boycott is

A) illegal according to the Taft-Hartley Act. B) a legal way to support striking workers. C) illegal according to the Wagner Act. D) legal according to the Sherman Act.

Economics

We generally expect the price elasticity of supply to be

A) zero. B) negative. C) positive. D) between -1 and +1.

Economics