The trend rate of unemployment around which the unemployment rate fluctuates is called Select one: a. fluctuating unemployment. b. cyclical unemployment. c. the natural rate of unemployment. d. the normal rate of unemployment.
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The trend rate of unemployment around which the unemployment rate fluctuates is called Select one: a....
The natural unemployment rate is not zero because natural unemployment includes O A. cyclical and structural unemployment O B. frictional and cyclical unemployment Oc frictional and structural unemployment OD. Cyclical unemployment O E. discouraged workers during an expansion The unemployment rate fluctuates around the natural unemployment rate O A frictional unemployment increases, decreases OD cyclical unemployment decreases increases OG Structural unemployment increases, decreases OD. cyclical unemployment increases, decreases OL frictional unemployment decreases increases
Which of the following statements is TRUE about the rates of unemployment? Select one: O a. Cyclical unemployment can never exceed structural unemployment b. Frictional unemployment can never exceed structural unemployment O c. Cyclical unemployment can never exceed the natural rate of unemployment O d. Structural unemployment can never exceed seasonal unemployment O e. Frictional unemployment can never exceed the natural rate of unemployment
If cyclical unemployment is positive, which of the following statements MUST be true? Select one: a. The natural rate of unemployment MUST be 7% O b. Unemployment is above the natural rate of unemployment O C. The unemployment rate is negative O d. The economy is experiencing an expansion e. Employment is above the full level of employment
22. The type of unemployment that occurs as a result of a recession is called: A. cyclical unemployment. B. the natural rate of unemployment. C. seasonal unemployment. D. frictional unemployment.
If unemployment is above the natural level of unemployment, which one of these statements MUST be true? Select one: O a. Employment must be below full employment O b. Cyclical unemployment must be negative o c. Real GDP must be above potential GDP d. The economy must be in an expansion e. The economy is experience a strong demand-pulled inflation
The natural rate of unemployment is generally thought of as the A) ratio of the frictional unemployment rate to the cyclical unemployment rate. B) sum of structural unemployment and cyclical unemployment. C) sum of frictional unemployment and cyclical unemployment. D) sum of frictional unemployment and structural unemployment.
The natural rate of unemployment is also called: A. accelerating deflation rate of unemployment. B. accelerating inflation rate of unemployment. C. nonminusaccelerating inflation rate of unemployment. D. none of the above.
13. Which of the following statements is (are) correct? (x) The natural rate of unemployment is the amount of the unemployment that the economy normally experiences. (y) Cyclical unemployment refers to the year-to-year fluctuations of unemployment around its natural rate that are due to short-run ups and downs of the economy (z) Suppose the natural rate of unemployment is 5.5 percent and the current rate of unemployment is 8.1 percent. The cyclical unemployment rate is a positive value of 2.6...
Decoding 'Natural' Rate of Unemployment Unemployment is a normal feature of our economy and the Congressional Budget Office believes the "natural" unemployment rate increased from 5 percent in 2007 to 6 percent in 2012. Source: Wall Street Journal, September 7, 2012 Provide some reasons why the natural unemployment rate might have increased. The natural unemployment rate might have increased because of _______. A. an increase in the minimum wage and an increase in the number of firms paying an efficiency...
The natural rate of unemployment is the economist's notion of a. frictional unemployment. b. full employment. c. cyclical employment. d. structural unemployment.