If frictional unemployment increased, but structural unemployment decreased by more, the natural rate of unemployment:
a. Would increase
b. Would not change
c. Would decrease
d. Would be affected in an unpredictable manner
c
Economics
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In 2008 as the recession worsened, suppose discouraged workers were included as part of the unemployment rate. Which of the following would have occurred?
A) The unemployment rate would have increased. B) The unemployment rate would have decreased. C) The labor force participation rate would not have changed. D) The unemployment rate would not have changed. E) The labor force participation rate would have decreased.
Economics
Refer to Table 20-19. Looking at the table above, what is the approximate rate of growth of real average hourly earnings from 2014 to 2015?
A) 15% B) 4.4% C) -1.5% D) -4.8%
Economics