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The unemployment rate that is consistent with "full employment" and the "natural rate of unemployment" is...
The natural rate of unemployment is the economist's notion of a. frictional unemployment. b. full employment. c. cyclical employment. d. structural unemployment.
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
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.
1. "Full employment" exists when the unemployment rate equals? a. zero b. the cyclical unemployment rate c. the structural unemployment rate d. the natural unemployment rate e. none of above 2. Which of the following is probably not true regarding unemployment in Europe? a. unemployment benefits tend to last longer than in the US b. unemployment benefits tend to replace a larger portion of one's salary than in the US c. structural unemployment is generally lower than in the US...
The natural rate of unemployment is the sum of frictional and structural unemployment and does not include cyclical unemployment. Discuss how changes in the economy over the last 20 years have affected either frictional or structural unemployment. Then discuss changes that might be coming in the next 20 years that will affect frictional or structural unemployment. Post the reference.
Full employment means: 1. zero unemployment 2. only cyclical unemployment exists 3. only frictional and structural unemployment exists. 4. none of the other three answers are correct
21) The U.S. has full employment if unemployment is only the sum of: a) frictional and structural unemployment b) frictional and cyclical unemployment c) structural and cyclical unemployment 22) Housewives/husbands are: a) included in the labor force b) unemployed c) excluded from the labor force d) necessarily considered "discouraged workers" 5) Consumer expectations that prices in the future will rise, will cause the demand curve to shift to the causing equilibrium price to ___and equilibrium quantity to a) right; rise;...
Full employment is not considered to be zero unemployment, because Select one: a. some frictional unemployment always exists. b. some cyclical unemployment always exists. c. there are not enough jobs for everyone who wants one. d. some people do not want a job.
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...
8. Study Questions and Problems #8 True or False: It is reasonable to expect the unemployment rate to fall to 0% in an economy. True False Assume the natural rate of unemployment in an economy is 5%. The following table summarizes the frictional, structural, and total unemployment in the economy. Unemployment Type Unemployment Rate (Percent) Frictional unemployment 2 Structural unemployment 3 Total unemployment 8 Given the previous information, the cyclical unemployment rate in this economy is____%. Therefore, this economy____ (is/is...