The natural unemployment rate is higher if
A) many of the new jobs created require skills possessed by the available labor.
B) there are fewer two-income households.
C) unemployment benefits become more generous.
D) efficiency wages are lower.
E) there is a decrease in the working-age population.
C
Economics
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________ keeps the exchange rate fixed in the short run but then adjusts its value at regular intervals to account for supply and demand pressures
A) The European Monetary System B) A managed floating C) A crawling peg D) A crawling float
Economics
A tax where the percentage of income paid in taxes is the same regardless of the size of the income is a:
a. proportional tax. b. regressive tax. c. progressive tax. d. mix of a and b.
Economics