If the Actual Unemployment Rate Is Less Than the Natural

question 49

Multiple Choice

If the actual unemployment rate is less than the natural rate of unemployment,then

• A) the economy is in an expansionary phase.
• B) cyclical unemployment is rising.
• C) frictional unemployment is rising.
• D) structural unemployment is rising.
• E) This is not possible.

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Definitions:

Strategic Control

A method for monitoring the execution of an organization's strategic plans and measures taken to adjust strategies when necessary.

Innovative Units

Teams or departments within an organization dedicated to the development and implementation of new ideas or technologies.

Organic

Refers to structures and processes in organizations that are flexible and adaptable, often contrasted with more hierarchical and rigid structures.

Ambidexterity

The ability to be equally proficient in using both the right and left hands, or the capacity of an organization to innovate while also maintaining efficiency in existing operations.