Question
46)What is not fixed in the short run? a.Input prices. b.The supply of money. c.The amount of inputs. d.The level of technology. 47)The current unemployment
46)What is not fixed in the short run?
a.Input prices.
b.The supply of money.
c.The amount of inputs.
d.The level of technology.
47)The current unemployment rate is less than 100 percent and an unemployed person wakes up and decides to quit looking for a job. As a result, ...
a.The unemployment rate falls.
b.The unemployment rate rises.
c.The working-age population falls.
d.The unemployment rate rises.
48)The natural rate of unemployment is the level that exists when there is only _____ unemployment.
a.Cyclical and structural.
b.Cyclical and frictional.
c.Frictional and structural.
d.Frictional and seasonal.
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