If some people who were frictionally unemployed became structurally unemployed instead, the natural rate of unemployment:

According to the Added Perspective in the text, a new cost-effective vaccine for chickens can be expected to have what effect on the Malaysian production possibilities curve and why?

a. increase, because it is a technological innovation b. decrease, because it will cause a loss of jobs for farmers c. increase, because capital will decrease as less is needed d. decrease, because fewer chickens will survive with the vaccine e. decrease, because the vaccine is very costly

Which of the following will most likely cause a shift in the consumption function?

a. a change in consumer confidence b. a change in national output c. a change in real GDP d. a change in disposable income