The Natural Unemployment Rate

question 323

Multiple Choice

The natural unemployment rate .

• A) is greater than the actual rate of unemployment
• B) is the unemployment rate when there is no cyclical unemployment
• C) is the same from year to year
• D) equals zero

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Definitions:

Tort

A civil wrong that causes someone else to suffer loss or harm resulting in legal liability for the person who commits the tortious act.

Tortfeasor

One who commits a tort.

Tort

A civil wrong that causes someone else to suffer loss or harm, resulting in legal liability for the person who commits the act.

Compensation

Payment or reward given for services rendered or harm suffered.