The ______________ rate of unemployment includes frictional and structural unemployment.

The __________ is always larger than the __________

A) yield on a discount basis; coupon equivalent yield B) yield on a discount basis; bond equivalent yield C) coupon equivalent yield; yield on a discount basis D) None of the above.

The time necessary to put a desired policy into effect once economists and policymakers acknowledge that the economy is in an expansion or a recession is called a(n): a. recognition lag

b. implementation lag. c. operational lag. d. administrative lag.