High unemployment rates persisted for several years after the official end of the 2007-2009 recession
The long duration of unemployment for many workers can be viewed as being consistent with an increase in ________ unemployment, and therefore an increase in the natural rate of unemployment. A) frictional
B) cyclical
C) structural
D) seasonal
C
Economics
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An example of a public good is a flood control project that protects all the homes and properties near a river
a. True b. False Indicate whether the statement is true or false
Economics
If the nominal rate of interest is 10.5 percent, and the inflation rate is 4.3 percent, what is the real rate of interest?
a. 3.0 percent b. 4.3 percent c. 6.2 percent d. 10.5 percent
Economics