The Natural Rate of Unemployment Is

question 2

Multiple Choice

The natural rate of unemployment is:

• A)the non-acceleration inflation rate of unemployment
• B)where the unemployment rate tends towards its normal level
• C)beyond the influence of monetary policy
• D)all of the above

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Definitions:

GIC

A Guaranteed Investment Certificate (GIC) is a Canadian investment that offers a guaranteed rate of return over a fixed period.

Monthly Interest

Monthly interest is the amount of interest earned or paid on an investment or loan calculated and paid on a monthly basis.

Regular-interest

The standard or typical interest rate applied to savings or investment accounts, calculated over a set period.

Invested

The method of placing financial resources in expectation of yield or profit.