The natural rate hypothesis asserts that OA. price changes occur at a natural rate, near a 6 percent average inflation rate. B. changes in the natural unemployment rate are only temporary. C. when prices change the inflation rate changes temporarily and then returns to its natural rate. D. changes in the unemployment rate are natural and long-lasting. OE. changes in the unemployment rate from changes in the inflation rate are temporary.

Question 12 In the short run, unemployment and inflation are positively related. In the long run they are largely unrelated problems. O True False

What type of unemployment do retraining programs seek to reduce?   How might government-funded retraining influence the natural unemployment rate? Retraining programs seek to reduce the amount of _______ unemployment because _______.     A. frictional; by giving workers the skills needed for the available jobs, people entering the labor force will immediately find employment   B. cyclical; by giving workers the skills needed for the available jobs, recessions can be avoided   C. structural; the programs aim to give workers the skills needed for the available jobs   D. all types of; the natural unemployment rate will fall

Sheamous loses his job and decides to sit on the beach rather than look for work during the next few months.Other things the same, the unemployment rate Select one: O a. and the labor-force participation rate are both unaffected. O b. is unaffected and the labor-force participation rate decreases. O c. increases and the labor-force participation rate decreases. O d. increases and the labor-force participation rate is unaffected.

Question 1 A 1 1+m PS 1 A' + m' PS' wS un Unemployment rate, u From the diagram above, explain what happen in the labor market, and its effect on the natural rate if unemployment? Is this in the short run or long run? Real wage, W/P

Suppose the economy of Mistania has an adult population of 600 million people. 43 million workers are unemployed and 437 millions are employed. What is the labor force? ← OBelow the Natural Rate of Unemployment OAt the Natural Rate of Unemployment OAbove the Natural Rate of Unemployment million What is the unemployment rate? Indicate how the unemployment rate in Mistania compares to the Natural Rate of Unemployment. %

Which statement correct describes the U.S. unemployment rate? The U.S. unemployment rate A. is calculated as the percentage of the working-age population who are unemployed or discouraged B. shows a downward trend O C. was lower during World War II than during the Vietnam War O D. is calculated as the percentage of the labor force who are unemployed or discouraged