Which type of unemployment leads to a natural rate of unemployment above zero?
A. Frictional unemployment
B. Cyclical unemployment
C. The natural rate of unemployment is always zero.
D. Unemployment of government workers
Answer: A
Economics
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When Congress established the Federal Reserve in 1913, what was its main responsibility? When did Congress broaden the Fed's responsibilities?
What will be an ideal response?
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Expansionary monetary policy refers to the Fed's increasing the money supply and increasing interest rates to increase real GDP
Indicate whether the statement is true or false
Economics