The natural rate of unemployment

Assignment Help Business Economics

Reference no: EM13815102

The natural rate of unemployment is

a. seasonal unemployment only

b. 3 percent

c. the unemployment rate when none of the work force is unemployed longer than six weeks

d. the unemployment rate at which the economy is producing its potential GDP

e. defined by the government

Reference no: EM13815102

Questions Cloud

Describe four functions of spirituals slave songs for slaves : Describe four functions of spirituals/slave songs for slaves. What is "communitas?" Where does one find it? Describe, with detail, one example of communitas from your reading.

During the great depression-the federal reserve board : During the Great Depression, the Federal Reserve Board

About the the discount rate : Which of the following is true of the discount rate?

Describes the concept of laissez-faire : Which of the following best describes the concept of laissez-faire?

The natural rate of unemployment : The natural rate of unemployment is

Describe the difference between nominal and real gdp : Discuss the nature and function of a price index, and describe the difference between nominal and real GDP, Assume that nominal GDP for 2012 was $700B with a price index of 110 (using 2004 as the base year). What is the real GDP for 2012? Why do econ..

Estimate the population mean of marks : Assume that student marks are normally distributed. A random sample of 25 students' marks yield a sample mean of 70 and a sample standard deviation of 10. Estimate the population mean of marks with 95% confidence.

A monopolist may lose money in the short-run : If the price were $25, this firm would _______ in the short run and _______ in the long run. In the United States, natural monopolies. If a monopoly firm can sell its eighth unit of output for a price of $175, it may expect to receive a price _______..

What is the net present value of the whole establishment : GM is opening a dealership in the Germany, they want to make sure they can make a rate of 20% rate of return that is promised by an alternative investment. The initial $600K investment in mechanic shop materials has an economic life of 4 years, and w..

User Account

All Pages