The natural rate of unemployment O does not change over time. O cannot be changed via public policy. O is the sum of the cyclical and structural unemployment rates. OA and B B and C

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter21: Unemployment
Section: Chapter Questions
Problem 27RQ: What is structural unemployment? Give examples of structural unemployment.
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If you solve both the mcq I will definitely give you a thumbs up . Please solve both the questions

The natural rate of unemployment
does not change over time.
cannot be changed via public policy.
is the sum of the cyclical and structural unemployment rates.
A and B
B and C
Transcribed Image Text:The natural rate of unemployment does not change over time. cannot be changed via public policy. is the sum of the cyclical and structural unemployment rates. A and B B and C
The equation for the expectations-augmented Phillips curve includes
real GDP.
O the nominal interest rate.
wages.
O the expected inflation rate.
none of the above.
Transcribed Image Text:The equation for the expectations-augmented Phillips curve includes real GDP. O the nominal interest rate. wages. O the expected inflation rate. none of the above.
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