How does the natural unemployment rate change and what factors might make it change? The natural...
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How does the natural unemployment rate change and what factors might make it change? The natural unemployment rate O A. changes as frictions and structural change occur in the economy B. constantly increases as technology moves jobs from labor to capital OC. changes with the business cycle OD. does not change. It remains constant until recalculated by the Congressional Budget Office The factors that might make the natural unemployment rate change include OA. the age distribution of the population, the scale of structural change, the real wage rate, and unemployment benefits B. the age distribution of the population, the output gap, the actual unemployment rate, and the real wage rate C. the scale of structural change, the Z-Pop ratio, the output gap, and unemployment benefits D. the actual unemployment rate, the scale of structural change, the nominal wage rate, and unemployment benefits How does the natural unemployment rate change and what factors might make it change? The natural unemployment rate O A. changes as frictions and structural change occur in the economy B. constantly increases as technology moves jobs from labor to capital OC. changes with the business cycle OD. does not change. It remains constant until recalculated by the Congressional Budget Office The factors that might make the natural unemployment rate change include OA. the age distribution of the population, the scale of structural change, the real wage rate, and unemployment benefits B. the age distribution of the population, the output gap, the actual unemployment rate, and the real wage rate C. the scale of structural change, the Z-Pop ratio, the output gap, and unemployment benefits D. the actual unemployment rate, the scale of structural change, the nominal wage rate, and unemployment benefits
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The natural unemployment rate is the rate of unemployment that occurs when the economy is at its potential output and it is also known as the nonaccel... View the full answer
Related Book For
Macroeconomics Canada in the Global Environment
ISBN: 978-0321778109
8th edition
Authors: Michael Parkin, Robin Bade
Posted Date:
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