Macroeconomics
Macroeconomics
10th Edition
ISBN: 9780134896441
Author: ABEL, Andrew B., BERNANKE, Ben, CROUSHORE, Dean Darrell
Publisher: PEARSON
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Chapter 12, Problem 6AP

a

To determine

To know: The impact on natural rate of unemployment when a new law prohibits people from seeking new employment before 18.

b)

To determine

To know: The impact on natural rate of unemployment when a new internet service enables people to check availability of jobs.

c)

To determine

To know: The impact on natural rate of unemployment when unemployment benefits increases from 6 months to a year.

d)

To determine

To find: The impact on natural rate of unemployment when there is shift in demand from traditional consumer goods to modern goods.

e)

To determine

To ascertain: The impact on natural rate of unemployment when economy experiences recession due to tight monetary policy.

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