1 Which of the following is included in the natural rate of unemployment?a. Frictional, structural and cyclical unemployment.O b. Structural unemployment only.O c. Cyclical unemployment only.O d. Frictional unemployment only.O e. Frictional and structural unemployment. Which of the following factors will shift the short-run aggregate supply curve but not the long-run aggregate supply curve?O a. Improvements in technologyO b. Increases in labour or capital productivityO c. An economywide increase in wagesO d. Changes in the availability of labour or capital

Which of the following is included in the natural rate of unemployment? O a. Frictional, structural and cyclical unemployment. O b. Structural unemployment only. O c. Cyclical unemployment only. O d. Frictional unemployment only. Frictional and structural unemployment. Oe.

Which of the following is included in the natural rate of unemployment? O a. Frictional, structural and cyclical unemployment. O b. Structural unemployment only. O c. Cyclical unemployment only. O d. Frictional unemployment only. Frictional and structural unemployment. Oe.

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 13RQ: What happens to the labor force participation rate when employed individuals are reclassified as...

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Question

Which of the following is included in the natural rate of unemployment?
a. Frictional, structural and cyclical unemployment.
O b. Structural unemployment only.
O c. Cyclical unemployment only.
O d. Frictional unemployment only.
O e. Frictional and structural unemployment.

Which of the following factors will shift the short-run aggregate supply curve but not the long-run aggregate supply curve?
O a. Improvements in technology
O b. Increases in labour or capital productivity
O c. An economywide increase in wages
O d. Changes in the availability of labour or capital

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