The natural rate of unemployment worsens if:
a. Unemployment benefits drastically improve.
b. Capital markets become more competitive.
c. A nation's resource endowments expand.
d. All of the above.
e. Actually, the natural rate cannot worsen. That's why it's called "natural."
.A
You might also like to view...
When the Fed pursues a monetary policy of low interest rates, the exchange rate between the dollar and other currencies will tend to ________, generally making it ________ for foreign firms to sell their goods in the United States
A) rise; easier B) rise; more difficult C) fall; easier D) fall; more difficult
Demand is the relationship between price and:
a. the income of individual consumers. b. the quality of the good. c. the quantity consumers are willing and able to buy. d. the amount spent on advertising the good.