The type of unemployment resulting from the fact that labor market information is less than perfect is called

The above table shows data on two variables. If these data were graphed, the slope of the line would be

A) 3/5. B) 3. C) 5/3. D) impossible to determine from the information given.

When the financial crisis started in August 2007, inflation was rising and the Fed began an aggressive easing lowering of the federal funds rate, which indicated that

A) the Fed pursued an autonomous monetary policy tightening. B) the Fed pursued an autonomous monetary policy easing. C) the Fed had an automatic negative response to inflation based on the Taylor rule. D) the Fed had an automatic positive response to inflation based on the Taylor rule.