Which of the Following Is Correct? the Natural Rate of Unemployment

question 48

Multiple Choice

Which of the following is correct? The natural rate of unemployment

• A)is a zero unemployment rate.
• B)has been steady at 3 percent over the past decade.
• C)is defined by Friedman as that rate of unemployment "in which everyone who wants a job can have a job."
• D)is the unemployment rate that exists in the long-run.
• E)None of the above

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Definitions:

Chemical Messages

Signals transmitted through the release and reception of chemicals, such as neurotransmitters and hormones, which affect the behavior and physiology of organisms.

Neuron

A nerve cell that is the basic building block of the nervous system, responsible for transmitting information throughout the body.

Dendrite

The branched extensions of a neuron that receive signals from other neurons and transmit them toward the cell body.

Axon

An extended, thin part of a neuron responsible for carrying electrical impulses outward from the neuron's main cell body.