The natural rate of unemployment
A. means that the economy will always operate at that rate.
B. is a fixed unemployment rate that does not change over time.
C. means that the economy will always realize its potential output.
D. is equal to the total of frictional and structural unemployment.
Answer: D
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If interest rates fall in country A, other things constant,
a. demand for that country's currency will fall and the currency will depreciate b. demand for that country's currency will fall and the currency will appreciate c. demand for that country's currency will rise and the currency will depreciate d. demand for that country's currency will rise and the currency will appreciate e. people in country B will pull money out of country A
Ceteris paribus, if buyers expect the price of airline tickets to fall in the future, then right now there should be
A. A decrease in the supply of airline tickets. B. No change in the supply of or demand for airline tickets because the price is not changing right now. C. An increase in the demand for airline tickets. D. A decrease in the demand for airline tickets.