Other Things Being Equal,a Macroeconomic Shock That Leads to an Inflationary

question 111

Multiple Choice

Other things being equal,a macroeconomic shock that leads to an inflationary output gap results in

• A)a decrease in cyclical unemployment.
• B)a decrease in NAIRU.
• C)an increase in NAIRU.
• D)a decrease in frictional unemployment.
• E)a decrease in structural unemployment.

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Definitions:

Motivation

The driving force behind individuals' actions, desires, and needs, influencing their behavior and goal achievement.

Contingency Workers

are individuals employed on a temporary basis to meet the flexible staffing needs of companies.

Benefits Packages

A collection of non-wage compensations, such as health insurance and retirement plans, offered to employees by employers.

Core Job Characteristics

Fundamental elements of a job that affect an employee's motivation and job satisfaction, such as task variety, autonomy, and feedback.