With Everything Else Held Constant, If 5% of Those Considered

question 178

Multiple Choice

With everything else held constant, if 5% of those considered to be frictionally unemployed found work while the number of people considered to be structurally unemployed increased by 5%, the natural rate of unemployment

• A) increases by 10%.
• B) decreases by 10%.
• C) equals the unemployment rate.
• D) does not change.

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Definitions:

Corporate Directors

Individuals elected by shareholders to manage a corporation's affairs and make major decisions.

Articles

Short for "articles of incorporation," which are documents filed with a government body to legally document the creation of a corporation.

Bylaws

Rules and regulations that govern a corporation’s internal management.

Affiliated Directors

Members of a company's board who have a relationship with the company outside of their directorship, potentially through business, family, or significant financial ties.