The Internet and World Wide Web Can Be Useful When

question 36

Multiple Choice

The internet and world wide web can be useful when conducting a literature review. What should you be most concerned with when using the web or internet in your search?

• A) reliability of the information
• B) appearance of the information
• C) validity of the information
• D) nothing, the internet is perfect

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Definitions:

Natural Rate

The natural rate is often described as the rate of unemployment where the labor market is in equilibrium, including frictional and structural unemployment but no cyclical unemployment.

Expected Inflation

The projection of the rate at which prices of goods and services will rise over a specific period in the future.

Expected Inflation

The rate at which the general level of prices for goods and services is expected to rise.

Short-run Phillips Curve

A graphical representation that shows the inverse relationship between the rate of unemployment and the rate of inflation in an economy over the short term.