The natural rate of unemployment:
A. is constant over time.
B. is typically zero.
C. is the normal level of unemployment in an economy in the long run.
D. None of these is true.
Answer: C
Economics
You might also like to view...
The above figure shows a graph of the market for pizzas in a large town. If the price falls from $10 to $7 per pizza, the quantity of pizzas demanded will
A) increase by 20. B) decrease by 30. C) increase by 30. D) decrease by 10.
Economics
One way to solve the problems caused by information asymmetry is:
A. surfing. B. signaling. C. proofing. D. All of these are solutions to information asymmetry.
Economics